The key results of the state treasury are falling through the roof
Prime Minister Donald Tusk alongside the President of the European Commission, Ursula von der Leyen (https://www.flickr.com/photos/premierrp)
The change of power to the Civic Coalition led by Donald Tusk brought significant changes in the financial results of key State Treasury companies. Orlen, Tauron, PGE, PKP Cargo and JSW recorded drastic declines in profits. The opposition accuses the current government of sabotaging strategic pro-development projects initiated by Law and Justice, such as the construction of a nuclear power plant, the future of the Central Communication Port (CPK) or the development of the Container Terminal in Świnoujście.
Dramatic differences in profits during the PiS and KO governments
Mariusz Kamiński, former head of the Ministry of Interior and Administration in the PiS government, compared the profits of key State Treasury companies in the first quarter of 2023 and 2024, showing a dramatic difference. Orlen earned PLN 9.2 billion in 2023, while in 2024 profits dropped to PLN 2.8 billion. PGE recorded a decrease from PLN 1.724 billion to PLN 893 million, and Tauron from PLN 1.034 billion to PLN 531 million. The situation is even worse in JSW, which went from profits of PLN 1.268 billion to losses of PLN 9.7 billion. PKP Cargo, which had PLN 104.2 million in profits in 2023, is currently recording losses of PLN 118 million.
Kamiński's harsh words: "They are ruining the Polish economy"
"It took them only a few months to destroy what we had built for years. The largest Polish companies are losing huge profits, and some have already started to make losses. Donald Tusk and his people are ruining the Polish economy. A bunch of slackers and losers,"
wrote Mariusz Kamiński, criticizing the actions current government.
The total is over PLN 9 billion
PiS report on the six months of Tusk's rule
Law and Justice is preparing a report on the first half-year of Donald Tusk's rule. Mateusz Morawiecki emphasizes that many Poles are disappointed with the current actions of the government, which not only does not fulfill the promises contained in the so-called 100 specifics, but also stopped the implementation of key projects, such as the CPK, construction of a nuclear power plant or zero VAT on food.
Conclusions
Changes in the government have a clear impact on the financial results of key State Treasury companies. Drastic declines in profits in such a short period of time raise concerns about the future of the Polish economy. Political decisions and omissions of the current government may have long-lasting consequences for strategic development projects, and their negative effects may be felt by both enterprises and society as a whole.
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