Elewarr should besides be separated from the KGB, due to the fact that in the structure of the second there is no chance that he will regain his glory and the way of improvement – states the “Korona” Agricultural Union by letter of 12 March 2024 to the Minister of State Acts. The Union shall justify its request by information published by https://rzyciestolicy.com.pl/why-kgs-brings-elewar-to-fall/
Elewarr is present a shadow of its fresh past. Almost 95 million PLN failure for the financial year 20222/23, respective twelve million PLN will be this year. With specified results, crucial activity of ownership supervision of the National Food Group and the supervisory board of Elewarr, aimed at healing the financial situation of the Company, should be expected. Meanwhile... it's the opposite. You can get the impression that the KGB wants to intentionally bring its subsidiary down, but possibly it's just an impression? – read on the aforementioned portal.
On July 2023, the Vice-President of the Management Board of the Company and the full Supervisory Board of the Company was dismissed by the National Food Group, just a fewer months before the approval of the financial year. There were no reasons, no reasons, it was unofficially about putting "its" in. The full Supervisory Board, not just individual members, was mentioned, as otherwise, with the approval of the financial statements for the financial year 2022/23, the mandates of all members (term of office) and the full appointment procedure would should be started again and this would have been after the election and after the appointment of a fresh government. In order to avoid this, a fresh council was established in the composition: Magdalena Bartnik-Jaszewska, Piotr Kociecki and Mariusz Grzegorz Obszyński. This change was most likely followed by the then president of KGS – Marek Zagórski, a erstwhile MP and Minister of Digitization from the times of the WIS, who passed as the decision of the WSA was unlawful, data pesel Poczcie Polska in order to conduct the envelope elections (the last fresh supervisory board of the KGS cancelled the board of directors of the company, but the president of Zagórski himself left in office!) and Andrzej Śliwka, or Deputy Minister of State Assets to which the KGS was subject.
The fresh supervisory board is very interesting company. Magdalena Bartnik-Jaszewska was the manager of the Office of the Minister of Health. She then moved on to the "failed" Agency for Medical investigation (return not in a affirmative sense, about the actions of the president of this institution wrote the media) to become manager of the Office of the Director-General of the Environmental Protection Supervisor this year. The appointment of the Director-General’s office and of a associate of the supervisory board in Elewarra may rise doubts as to the merger of these functions in the light of the Act of 21 August 1997 on the limitation of the conduct of business by public function holders. While there is simply a derogation provided for in Article 6 but even if it would have been applicable in this case, the question remains whether this nomination was justified and whatever helped the company.
Piotr Kociecki, is the financial manager of a KGS subsidiary – PZZ Stoisław, Procurator of PZZ Stoisław, auditor, since 2021 on the Supervisory Board of Koszalin SA Handball and associate of the supervisory board of Elewarr. Was not the appointment of the PZZ Stoisław lawyer to the supervisory board of Elewarr 1 of the elements intended to yet subdue Elewarr through KGS – PZZ Stoisław? It just so happens that the individual who oversaw Elewarr on behalf of the KGB was a associate of the Management Board of the Company (and besides president of PZZ Stoisław) – Mirosław Narojek. The question remains: do not the persons designated collect double wages?
Mariusz Grzegorz Obszyński – is simply a trusted man of the president Marek Zagórski (a erstwhile MP and minister from the times of PIS) and is reportedly besides a proxy in the National Food Group. If this fact is confirmed, shall he be remunerated only in 1 company or in both?
Although the fresh Supervisory Board may have announced a competition for vice-president, it has chosen another solution, i.e. the secondment of 1 of the board members to service temporarily on the board. Although the articles of association and the provisions of K.S.H. (the second relate to public limited liability companies) clearly state that only 3 months can be delegated and only in the event of suspension or another reasons preventing a associate from acting as a associate of the board of directors, the Supervisory Board extended twice further temporary secondment to execute functions on the board of directors (last January). In this way, the articles of association have been violated and decisions of the board may be affected by a legal defect. As provided for in Article 58 k.c., legal action to circumvent the provisions of the law is invalid. Let us add that the board at that time did not declare any qualifying procedure for vice president, although the two-member board in a company like Elewarr seems unnecessary (the company already operated with a single-member board).
The situation in which 1 of the members of the supervisory board is simply a de facto permanent associate of the board makes the actual supervision of the supervisory board question, especially taking into account the disastrous results of the Company. The financial situation has been bad for many months, the situation is deteriorating due to, among another things, the situation (although not exclusively), and the supervisory board has not responded in any way, but has approved an extension of the board member's secondment to the board.
How did the situation happen today? According to the portal https://rzyciestolicy.com.pl – In order to realize what is happening in Elewarra, 1 should look to the past. In 2020/21 a decision was made to include the Company in the alleged National Food Group, formed on the basis of the National Sugar Company. He was liable for the improvement of the KGB as a associate of the board of directors Marek Derezinski (who is reportedly seeking to return to the board of the KGB). For this purpose, the Company was audited, but that the study on this audit was never transferred to Elewarr (as was the case for another companies included in the KGS). Eventually, the Ministry of State Acts brought the Company with an aport to the National Food Group in April 2022.
The Company's supervision was taken over by the Company's Ownership and Service Department, headed by Mr. Rafał Małecki. In July 2022 the author of Elewarru's financial successes (more than PLN 40 million in profit for 2021/22) of the then president – economist Dr Daniel Alain Korona, who powerfully advocated to keep any autonomy of the Company. Elewarr was imposed on procedures, standards, controlling KGS, completely inadequate for a commercial company. As part of controlling, Elewarru's employees had to plan sales and margins at distant dates of 2025 or 2026, while there was no anticipation of predicting prices and margins in the next fewer months. The most crucial in the operation of Elewarru office became not trading with profit (so far), but fulfilling tasks, or alternatively tables imposed by the KGB. The supervision of Elewarr in the field of grain trade by a associate of the board of directors of the KGS president PZZ Stoisław Mirosław Narojka ended with the fact that the Company does not earn, but loses on trade (this year's financial results will be the best proof of this).
It is not understood, but it is the owner, or National Food Group, who makes decisions that hinder or even harm the Company. For example, in June 2023, the Assembly of Shareholders (the board of directors of the KGB) amended the company's agreement in which the financial year was changed and reduced the powers of the board of Elewarr. It is not known why the KRS registered in breach of the legal framework for the change of the financial year during its duration. The consequence is to adjust the financial year to the period in force in the KGS, or harvest of sugar beet, alternatively than cereals and rape, to which Elewarr trades.
The limitation of the power of Elewarru's board led to the submission to the ownership supervision department of the KGB, and the decision-making in the Company was limited to a minimum. It's hard to realize why Elewarru's board didn't object? Gradually, the full centralization of all areas within the KGB takes place, bringing Elewarr to the function of the grain department of the National Food Group. As Elewarru's employees laughter “through tears” shortly even buying toilet paper rolls will require the approval of the KGB.
The effects of all these actions are lamentable. Elewarr may shortly lose his liquidity and his endurance will become questionable.
What advice does the KGB have? It is likely to do the same as in Zamojski Zakłady Zboże i.e. loans from the KGB to keep Elewarr. Of course, this way nothing will be healed, at most it will cover the terrible situation and origin of specified a situation. That's adequate to begin with, and in a year or two, erstwhile the losses are repeated, there will be an incorporation with the KGB. This will not solve anything either, but formally the problem with Elewarr will no longer – states the aforementioned portal.
Is there a rescue for Elewarr? It seems that the only chance for the Company is Dr. Daniel Alain Korona, erstwhile president of Elewarru, present a typical of the “Korona” Professional Agriculture Union (adventure of names). This would mean the formal or informal separation of Elewarr from the KGB. But are the decision-makers willing to accept this scenario?
Or possibly individual will think and bet on a proven president of the Company, who in the past has shown that Elewarr can make profits, besides evidence profits? And the Company's going to be financially successful again. You can dream ... – concludes the portal http://rzyciestolicy.com.pl
