{"id":156318,"date":"2012-12-03T16:19:47","date_gmt":"2012-12-03T16:19:47","guid":{"rendered":"https:\/\/bdm-stg.mda.pl\/informacje-prasowe\/statement-of-the-management-board-of-budimex-sa-on-the-repeal-of-pnis-own-management-board-and-the-appointment-of-an-administrator\/"},"modified":"2024-06-07T12:10:41","modified_gmt":"2024-06-07T12:10:41","slug":"statement-of-the-management-board-of-budimex-sa-on-the-repeal-of-pnis-own-management-board-and-the-appointment-of-an-administrator","status":"publish","type":"press","link":"https:\/\/bdm-stg.mda.pl\/en\/press\/statement-of-the-management-board-of-budimex-sa-on-the-repeal-of-pnis-own-management-board-and-the-appointment-of-an-administrator\/","title":{"rendered":"Statement of the Management Board of Budimex SA on the repeal of PNI’s own management board and the appointment of an administrator"},"content":{"rendered":"\n
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03.12.2012<\/p>\n

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Statement of the Management Board of Budimex SA on the repeal of PNI’s own management board and the appointment of an administrator<\/h2>\n

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In the\u00a0opinion of the Management Board, the change in the management model of PNI may complicate its daily operations and make it difficult to conduct negotiations on the change of problematic and critical terms of the company\u2019s existence.<\/p>\n

The Management Board of Budimex SA was concerned that this decision was made as a result of applications submitted by: (1) Przedsi\u0119biorstwo Rob\u00f3t Kolejowe i\u00a0In\u017cynieryjnych S.A., a consortium partner of PNI on one of the jointly executed contracts and\u00a0supported by the other partners on this contract, i.e. PKP Energetyka S.A. and Dolno\u015bl\u0105skie Przedsi\u0119biorstwo Napraw Infrastruktury Komunikacyjnej \u201cDOLKOM\u201d Sp. z o.o. and (2) PKP PLK SA, which is the principal of the contracts executed by PNI Sp. z o.o. in\u00a0arrangement bankruptcy together with the above-mentioned consortium partners.<\/p>\n

It should be emphasized that the arguments of PNI\u2019s consortium partners who filed a motion to revoke the company\u2019s own management take into account the interests of only three creditors and refer to issues related to the course of the process of implementation of one of many performed by Przedsi\u0119biorstwo Napraw Infrastruktury Sp. z\u00a0o.o. in\u00a0arrangement bankruptcy of contracts. There are grounds to assess the conduct of these partners as acting to the detriment of PNI Sp. z o.o. in arrangement bankruptcy \u2013 and thus to the detriment of its employees, other creditors and\u00a0contractors. With regard to the application of PKP PLK SA, the Management Board of Budimex SA is of the opinion that all actions taken so far by the Management Board of PNI Sp. z o.o. in\u00a0arrangement bankruptcy aimed at securing and satisfying the interests of all creditors in the future, implementing key investments for the company and maintaining the existence of PNI. In\u00a0the current situation, the achievement of these goals has become threatened.<\/p>\n

The Management Board of Budimex SA is convinced that the current Management Board of PNI Sp. z o.o. in arrangement bankruptcy acted in the interest of PNI and creditors and remained the best guarantor of agreeing on the final shape and performance of the arrangement agreements. We hope that the administrator appointed by the court will take into account the competence and experience of the people who have been managing the company so far and will remain open to their suggestions and recommendations.<\/p>\n

Yours sincerely,<\/p>\n

Dariusz Blocher<\/p>\n

President of the Management Board of Budimex SA<\/p>\n<\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/section>\n

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With regard to the ex officio decision issued on 30 November 2012. by the District Court for Warszawa Pragi-P\u00f3\u0142noc ruling on the repeal of the management of the bankrupt Przedsi\u0119biorstwo Napraw Infrastruktury Sp. z o.o. 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