PE Polska - Corporate Governance

Polimeri Europa Polska is a Polish company based in Warsaw.
The company is indirectly controlled by Polimeri Europa S.p.A.

The sole shareholder of the Company is “Dunastyr Polystyrene Manufacturing Close Co. Ltd‘ with registered office situated at Budapest in Hungary.

PE Polska operates mainly as an agent which promotes the sale of the products of companies belonging to  Polimeri Europa group on the territory of Poland.

The statutory bodies of the company are:

• The Shareholders' Meeting;
• The Board of Directors.

The shareholder exercises its rights through the General Shareholders’ Meeting which appoints the Board of Directors charged with the Company’s management and the Auditors for the auditing of the financial statements.

The business of the Company is managed by the Board of Directors consisting of three to five members. The Board of Directors elects among its members a Chairman of the Board and  one or more Managing Directors  and confers to them the relevant powers and authorities
The Board of Directors may appoint procurists and proxy holders according to the provisions of the Civil Code.

Polimeri Europa Polska has defined a practice regulation standard concerning its own organizational structure, relations with third parties, with the Shareholders and relatives in compliance with the Corporate Governance standards according to all the directions, regulations and procedures existing in the Group. In particular by means of:

• Granting to the Board of Directors a leading role in the Corporate Governance Company standard;
• Granting powers to the Chairman and to the Managing Directors except for those which are retained for the Board of Directors’ sole authority;
• Ensuring that Members of the Board of Directors are suitably qualified/experience;
• Implementation of the Group Code of Ethics containing regulations which employees have to comply with in performing their activities and towards third parties.