The founder and former CEO of the troubled construction company PBG, Jerzy Wiśniewski, has taken the helm of the company again. This follows his resignation in 2012 when the company filed for insolvency. The daily Puls Biznesu reports that his return coincides with efforts to close a final settlement with the company’s creditors. “It’s a crucial time for us and we need some quick decisions to be made,” Wiśniewski said. “While I’m still a majority shareholder in the company, I still found it difficult to make executive decisions as the head of supervisory board,” he adds.
“We need to work out how the company will handle cash liabilities, as well as dividend payments to PBG’s subsidiary, Rafako,” he said. “At the same time, we need to focus on the ongoing contracts for the company, which enable the company to maintain liquidity.
