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Pecik and Sawiris to Enter Telekom´s Supervisory Board

Published: April 28, 2012; 12:45 · (Vindobona)

Together with his Egyptian partner, Ronny Pecik will enter Telekom Austria´s supervisory board. Pecik wants to stop the generous dividend policy.

Pecik and Sawiris to Enter Telekom´s Supervisory Board / Picture: © Telekom Austria Group

Ronny Pecik, the investor who’s bought more than 20 percent of Telekom Austria AG (TKA), named himself and his Egyptian billionaire backer Naguib Sawiris as candidates for the company’s supervisory board. The supervisory board will be expanded by two seats.

Pecik’s Marathon Zwei Beteiligungs GmbH has requested that Telekom Austria’s annual general meeting, scheduled for…

This article includes a total of 200 words.

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