Feb 10 • 03:13 UTC 🇵🇱 Poland Rzeczpospolita

Minister Wojciech Balczun: I am not interested in political views or credentials

Poland's Prime Minister Donald Tusk has signed the Code of Good Practices for Owner Supervision aimed at ensuring political neutrality and professionalism in state-owned enterprises.

Prime Minister Donald Tusk has officially signed the Code of Good Practices for Owner Supervision, which is designed to enhance political neutrality and professionalism within state-owned companies in Poland. This new code aims to raise the standards of corporate governance and improve the selection process of personnel in these entities. The move comes after a period of investment recovery and increased market confidence in state companies, which are fundamental to Poland's economy.

Minister Wojciech Balczun expressed a strong commitment to elevating the quality of oversight in state enterprises, emphasizing that the recent initiatives have been positively received by investors and the financial markets. The increase in market capitalizations for state-owned champions reflects a restoration of investor trust. Balczun's statements indicate a significant shift towards a more methodical and responsible management of state assets, focusing on improving governance practices.

However, critics argue that the necessity of the Code itself suggests that there have been serious shortcomings in the past regarding the governance of state-owned enterprises. The dialogue surrounding the code and its implications indicates an ongoing concern with political influences in the management of these companies, highlighting the key challenges ahead in achieving the desired neutrality and professionalism.

📡 Similar Coverage