On 8th May the Scheduled General Meeting of Huta Łabędy S.A. shareholders took place to approve unit and consolidated financial reports of the steelworks for the 2013 year.
The resolutions adopted by the General Meeting included the one on sales of 100% shares owned by HUTA ŁABĘDY S.A., in the shared capital of the company called ‘Pro-MED’ the Non-Public Health Care Unit, Polyclinic of Occupational Medicine at HUTA ŁABĘDY S.A.
Mr. Wojciech Siudyła, the Managing Board President Deputy for Restructuring and Ownership Supervision of HUTA ŁABĘDY S.A., had justified this decision in the following way: ‘The reorganization directions that have been drawn up for the Capital Group of the steelwork assume to benefit from the effect of synergy to achieve the most efficient and cost effective operation standing. The baseline for that process is the integration of companies with the aim to hold shares in those subsidiaries and associates that provide complementary services to support core business of the steelworks. It is not the case of ‘Pro-MED’ since its role and operation manner is different.