TV report: Treasury looking to gain control of Polkomtel
According to a report aired on private television station TVN, the
Treasury is allegedly seeking to oust management head of fuel distributor
and producer PKN Orlen Andrzej Modrzejewski in a bid to exert more control
over Polkomtel, the GSM operator, in which PKN together with copper
concern KGHM, coal producer Weglokoks, and state-owned PSE hold a 59%
stake. Furthermore, unnamed sources say that Marian Krzeminski, KGHM's
chief executive, could face a similar fate amid a management crisis in his
company, which is said to be politically motivated. Sources suggest that
if the Treasury were able to remove these executives, it would be in a
position to take the reigns of control at Polkomtel. (Puls Biznesu, p.4)