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Unions take on Treasury Ministry over missing shares

In October of 2004, the government promised that within 6 months of PGNiG's debut on the WSE a 12.7% stake would be allocated to the employees. Although the company has been publicly listed for over a year now, the government has not fulfilled its promise. Union representatives are currently preparing for the legal battle against the government, and plan to turn to the Ombudsman and submit a complaint to the Justice Tribunal in Strasbourg. The Deputy Treasury Minister Pawel Szalamacha said that the Ministry is not legally obliged to fulfill these promises and therefore is not afraid of a potential case in court. He fears, however, that the shares will end up in the hands of Russian capital. (Puls Biznesu, pp. 1, 8) A.K.

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