Personnel revolution at Enea. Billionaire wants settlement for “Ostrołęka”

#Personnel #revolution #Enea #Billionaire #settlement #Ostrołęka

The rest of the article is below the video

See also: A millionaire advises what is worth investing in today – Marian Owerko – Business Class #15

Personnel revolution at Enea

Zbigniew Jakubas, president of the Multico Capital Group and shareholder of Enea, did not like this. Last year, with a fortune worth PLN 1.9 billion, the businessman was ranked 30th on the list of the richest Poles.

The supervisory board of an industrial company should include several engineers. Meanwhile, the only engineer – as I found out after the AGM – is an Enea employee selected by the crew. Today, the State Treasury delegated only lawyers to the Supervisory Board, only one of whom had experience in the energy industry. Lawyers have the right not to distinguish direct current from alternating current – says the investor in an interview with money.pl.

According to our interlocutor, this was not the best decision, considering that the company will be making very difficult decisions in connection with the ongoing energy transformation. — We may have to think about a distributed form of energy production to avoid the threats that Russia poses to us today, says Zbigniew Jakubas.

Difficult times, great responsibility

As the businessman emphasizes, if necessary, members of the supervisory board, whose duty is to keep an eye on the management board, will be able to be held responsible for mistakes. According to the regulations, the supervisory board is a supervisory body and bears both criminal and civil liability. When the company has to make difficult, sometimes risky decisions, the responsibility will be high.

Also Read:  Influencers are caught - they are threatened with a fine of 600,000 euros and a percentage of their profits from advertising News

— The energy transformation must take place in a well-thought-out, long-term and logically ordered manner, because unfortunately we will not escape from it. Sensible decisions are developed during a brainstorming session of people who know the industry. We will see what decisions will be made by the new management board – says an Enea shareholder. And adds:

I hear from people in the industry that there is one person on the current management board who knows energy. If there are still political nominations to the management board, it will not be good.

Shareholders got the right to vote

However, not everything disappointed Zbigniew Jakubas.

— I am positively surprised that the chairwoman of today’s meeting gave shareholders the opportunity to express their views. Previously, we did not have such a chance for eight years, and the management board did not answer any of our questions – reminds the billionaire.

The construction of the last new coal-fired power plant in Poland – as reported by “Gazeta Wyborcza” – was called “Kaczyński’s towers” by local residents. This is due to the erected concrete pylons and the cooling tower, over 100 meters high.

It’s time to settle “Ostrołęka”

— I positively assess the attempt to hold the management board accountable for clearly politically driven decisions regarding the construction of the Ostrołęka C power unit without providing financing and without a well-thought-out business strategy, says Zbigniew Jakubas.

He also spoke during the proceedings. The shareholder said that the Ostrołęka case should be settled because it is related to… approximately PLN 1.5 loss per share for each investor.

Also Read:  The Minister of Finance announced the new date of the "tax revolution"

According to Zbigniew Jakubas, the construction of the Ostrołęka C coal-fired power unit was one of the worst decisions made by the company.

— It was clearly a political decision. After all, it was already known that coal was slowly being phased out, and yet it was decided to spend several hundred million zlotys pointlessly. Of course, we can swim against the current, but we will definitely not reach the shore – says our interlocutor.

Karolina Wysota, journalist at money.pl

Rate the quality of our article:

Your feedback helps us create better content.

Leave a Reply

Your email address will not be published. Required fields are marked *