Wasacz released, but is his position in Stalexport safe?
This is due to the uncomfortable situation of the company's investor, which is Italian Autostrade which holds a 21.6% stake in the firm. "We believe that the foreign investor trusted the president of Stalexport and saw him as the leader of an enterprise, in which it intends to eventually hold a 50% stake.Charges [on Wasacz] might stretch this trust, as the State Treasury takes decisions on motorway construction tenders, so the Italians have a lot to fear," said Lukasz Hejak, analyst with DM Millennium. According to Mieczyslaw Skolozynski, deputy president in charge of finances of Stalexport, Wasacz will today return to work. "We have numerous issues to discuss. The company is functioning normally," said Skolozynski. Soon also the supervisory board will meet, which will analyze the consequences of Wasacz's detention for the company. (Puls Biznesu, p. 7) M.M.