Union opposition likely to force ouster of KGHM chairman Krzeminski

Chairman of copper conglomerate KGHM, Marian Krzeminski, is facing dismissal at the next meeting of the company's supervisory board, on October 29. The m ove is backed by the company's trade unions, which are angry that they were not consulted before a stake in KGHM was handed over to LOT Polish airlines. In a statement the unions claimed, "The head no longer controls the body." A ccording to Jozef Czyczerski of the Solidarity Union, it is too much of a ri sk to incur such an added burden at a time when the prices of copper and the dollar mean KGHM is only keeping afloat by taking credits. Facing a loss thi s year of zl.66.5 million, the company is expected to introduce a severe cos t-cutting program, which may result in up to 300 redundancies. (Puls Biznesu , p. 11) J.K.