Friday, October 7, 2016

The Minister Kowalczyk: there will be changes in public companies – Polish Radio

Prime Minister Biti awl predicted that there will be clear and transparent rules for the nomination of candidates to the boards of Directors of companies controlled by the statePhoto: Materials of press releases

According to preliminary announcements of Blows with an Awl, replace them in a special Agency that will be chaired by the Manager. He also said that companies controlled through the Treasury will be governed by individual ministries.

How to manage companies?

there are 3 basic models of control over public companies, – explains the lawyer radosław Kwaśnicki, managing partner of the law firm RKKW, specializing in companies.

- the centralized Model is that there is one organization that controls the company, in particular, the reserves of the authorities and offices and creates the main policy. Another one is a dual model, on the one hand, companies are subject to different ministries, on the other hand, their coordination, focus and questions, stocking personnel are elsewhere. The third model is the model that is decentralized, supervision over companies greatly distracted, each Minister controls his company, but has no coordination, lists the source.

the Interests of small owners,

it is Worth noting that our company, with the participation of the state Treasury are not 100 percent. owned by the state. So you can forget about the interests of minority shareholders – said Wojciech Rob the President of the Convention of BCC.

- are You in compliance with the requirements does not have a dominant position, and due to the scattering of the remaining owners really rules. There is no such situation that the Treasury is 50%. plus one vote, – the expert emphasizes.

How to evaluate the results of companies?

according to Roland Paszkiewicza with a Central brokerage Pekao, less important, control over companies the Treasury will take on a special Agency, whether it’s some other model. More important are long-term, sustainable strategy for companies, and keeping them from what they are doing.

- there Should be mechanisms that guidance or supervision will be subject presented to the public. At the moment it is very easy to hide the activities are not effective in the form of subsidiaries.

the Key is also a professional management team.

- States Such as Singapore and Norway puts on the hiring of professional managers to manage and control. Word – definition of clear objectives and evaluating their performance, he adds.

Prime Minister Biti awl predicted that there will be clear and transparent rules for the nomination of candidates to the boards of Directors of companies controlled by the state.

Details about the control of these companies we will know after today’s meeting of the Council of Ministers.

Carolina Nerd, ABO

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