News Summary:
Hawe Telekom's shareholders meeting on August 6, 2026, appointed a new management and supervisory board following a recent change in ownership, naming Jaroslaw Starczewski as the chairman of the management board. Monika Bystrzonowska will chair the new supervisory board, alongside Ryszard Burzynski, Elzbieta Winnicka-Thompson, and Krzysztof Biniek. This development followed the Polish operator's completion of a debt restructuring process on June 25, 2026, which resulted in the Industrial Development Agency (ARP) holding a 99 percent stake in the company. The Warsaw Regional Court confirmed the process by rejecting appeals over an agreement with creditors. Previously, on August 8, 2025, Hawe Telekom's creditors had approved the ARP's proposal to acquire a 99 percent stake in the company by taking over its debts, with the ARP committing to repay other creditors within three years, pending court approval. Earlier, on April 9, 2025, the ARP applied to the national competition regulator UOKiK for permission to take over Hawe Telekom, intending to convert the company's debt to ARP into equity as part of restructuring proceedings. The ARP first announced this agreement to convert almost all of Hawe Telekom's debt into an equity stake on January 20, 2025, in a deal concluded with the company's management board and estate administrator.
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