The situation surrounding the fallen Energetické holding Malina, which supplies domestic photovoltaic power plants, is escalating. The shareholders dismissed the crisis manager Marian Klásek and the Misura Information Technologies company of entrepreneur Libuša Barková, who managed the crisis management of Malina. The company justified the measures by dissatisfaction with the current course of crisis management. Both Klásek and the representative of the Misura company deny any shortcomings in Malina’s management.
The change occurred at the general meeting of Malina after consultation with the creditors’ committee and the insolvency administrator. Malina’s crisis manager was replaced by Lukáš Uhl, who in a similar situation also managed the Zoot fashion e-shop at the time of insolvency.
The change occurred after Malina’s insolvency administrator checked the payment of money to the crisis management managed by Libuša Barková. He had doubts as to whether the 1.5 million crowns paid per month for crisis management was meaningful. The High Court in Prague and the public prosecutor’s office expressed similar views.
Malina informed about the exchange of crisis management in a press release. An interesting fact is that, after a long time, Cyril Regner, the main shareholder of Malina, also communicated directly through this channel. After the fall of Malina this spring, according to information from SZ Byznys, he stayed abroad for a long time. During the entire time, he did not make any public comments against the previous crisis managers. That has changed only now.
“An important task for Lukáš Uhl, the new member of the board of directors, will be not only to speed up installations and implementations, but especially to help create, negotiate and finalize the reorganization plan. This is essential for the greatest possible satisfaction of orders and obligations we have towards clients. An important priority is also a major improvement in communication, both with creditors and the creditors’ committee, as well as with the insolvency administrator,” said Regner.
“I was grossly dissatisfied with the results of the Malina team so far and I believe that the change in the form of Lukáš Uhl will help to fundamentally improve and speed things up,” added the Malina shareholder.
Dissatisfaction of creditors
Lawyer Jan Eisenreich, who represents one of Malina’s customers in the provisional creditors’ committee, also expressed himself in a similar vein.
“We were dissatisfied with the current management of Malina due to the slow implementation of photovoltaic projects, non-transparent communication and the creation of a public image that did not inspire the confidence of creditors and the public. We hope that with the new management there will be improvements in all aspects so that all projects can be successfully completed,” the lawyer said.
“Malina managed to improve management under my leadership, these are indisputable facts,” responded to the criticism of dismissed crisis manager Marian Klásek.
According to information from Malina’s original crisis management, 600 orders have been completed since the insolvency began. The volume of liabilities to clients decreased by 180 million crowns. Malina, on the other hand, collected 124.5 million crowns for completed orders.
Misura herself subsequently described the development of events quite dramatically. “There was a forcible restriction of the rights of Misura Information Technologies, which in Energetický Holding Malina, as, performs crisis management of the company on the basis of a concluded contract and during its tenure brought the company to a profit of 100 million,” she said in a press release.
Security in action
With the assistance of security guards, the entry of employees into the company was to be restricted. According to the company’s own information, Misura’s manager subsequently called the police so that the workers could take their personal belongings.
“My colleagues and I were effectively taken out of the offices, without the possibility of taking our belongings with us, including computers, personal property and the like,” described the manager of Misura, Olga Kopalová.
Misura entered into a contract for the crisis management of Malina just before Malina officially entered insolvency in May. Libuše Barková said in the ČT Reporters program that former Prague mayor Pavel Bém, the father of Malina’s minority shareholder Jáchym Bém, asked her for a job in Malina.
Malina supplied households with solar power plants. Thanks to the great demand for photovoltaics and an aggressive campaign, it collected around 1.4 billion crowns from several thousand people in deposits. Now the company is trying to complete the orders and solve the high debts. The case is also being investigated by the National Center against Organized Crime.
“I’m going to Malina to work on completing the installations and satisfying the creditors. I want to build one hundred percent of the projects, so that most of the liabilities will disappear and there will be hope for the maximum possible satisfaction of the rest of the creditors. I am gradually familiarizing myself with the situation and the current state of the company, I am counting on an external financial audit, because creditors and clients deserve answers,” assures the new boss of Malina Uhl.
In addition to the previous crisis management of the Zoot e-shop, Uhl also has previous experience in the management of the Dáme jídlo delivery service. He was also involved in the events surrounding the bankrupt clothing seller Pietro Filipi.
The case of Energy Holding Malina on the News List
The editors of Seznam Zpráv devote themselves in detail to the case of the photovoltaic company Malina and its impact on clients. More information on the case is available in the following articles.