The Treasury Ministry announced that it does not intend to introduce any staff changes to the company's management board. He also denied speculation that he himself would stand in the race for Orlen chief executive. Asked about Kazimierz Marcinkiewicz as a potential candidate for Igor Chalupec's post, Jasinski replied that no talks on the issue had taken place.
Our view: If this intention is the case not only for a short term period, we regard the news as very positive for PKN Orlen, since we think that Mr.Chalupec is the best choice as PKN’s CEO as from company as from minority shareholders prospective. Since the market almost believed that Mr. Chalupec will be replaced, we expect the positive reaction.