Thursday, January 28, 2016

The new president of LOT. Rafal Milczarski, a specialist in rail transport – Money.pl

Board of Directors appointed as President LOT Raphael Milczarskiego – PAP reported the press office of the Polish carrier. A member of the management board. Operating been Borys Buta, a lawyer Airlines.

Who’s the new boss LOT? Milczarski graduated in Economics from the University of Cambridge. He managed an investment fund Innovum, the early years were spent in rail transport. He co-founded the Baltic Rail SA, one of the first private railway carriers of goods in Poland. In 2005, together with a professional investor Freightliner Group in the UK, he founded Freightliner PL – freight rail carrier. He is also the founder and former president of Freightliner DE German subsidiary Freightliner PL and the Association of Independent Railway.

On the other hand, a new member of the management board. Operating Borys Buta of education is a lawyer. For three years he was president of the Air Transport Support, a company specializing in serving the operational airlines. With LOT has already been linked in the past, first as a lawyer, then as a representative of the board of LOT Travel.

RN LOT she said in Thursday’s statement that the qualification proceedings for the position of member of the Management Committee. Economic and financial finished without a settlement.

The citing the new CEO of the company, has decided to appeal Celejewskiego Martin, who was a member of the management board. trade, and since August 2015 he was also the President of the LOT (after the resignation of Sebastian Mikosz). Canceled by a member of the management board. Corporate Monica Kiełtyka-Michna.

Interviews with candidates lasted from Wednesday. As reported PAP Polish carrier, for all the three posts to the Supervisory Board went approx. 30 entries.

In the middle of January. Deputy Treasury Minister Filip Grzegorczyk informed that the result for the core business of LOT in 2015 will be negative and can amount to approx. 25 million zł. According to Deputy Minister of updated budget for 2015 assumed a positive result on the core business of 3 million zł, compared to 126 million zł of the earlier version of the business plan of the company. According to preliminary estimates, net loss of LOT Polish Airlines in 2015 may reach 250 million zł.

reshuffle in LOT began in December u.br. when the company’s supervisory board decided to revoke two board members: Ewa Kołowieckiej, a member of the management board. Operating and Maciej Dziudzika, a member of the management board. finance. Earlier General Meeting of Shareholders of PLL LOT decided to revoke the appointment of six and nine new members of the Supervisory Board of LOT.

The shareholders are LOT Polish State Treasury, which holds 99.82 per cent. shares TFS Silesia – 0.144 percent. shares and employees – 0.036 percent. action.

PAP

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