Piotr Żak was appointed on Tuesday as the president of Cyfrowy Polsat – the company announced in a statement. It was previously reported that the court in Liechtenstein upheld the judgment that Zygmunt Solorz gave his children joint control over the Cyfrowy Polsat group.
“The Management Board of Cyfrowy Polsat SA (…) informs that on December 23, 2025, the Company's parent entity – TiVi Foundation with its registered office in Liechtenstein, exercising its personal right to appoint and dismiss the President of the Management Board of the Company (…) dismissed Mr. Andrzej Abramczuk from the position of President of the Management Board of the Company and appointed Mr. Piotr Żak to this function,” Cyfrowy Polsat said in a current statement.
On Tuesday, Cyfrowy Polsat announced that it had received a letter from the TiVi Foundation with information that the Prince's Court in Liechtenstein had issued a final and binding judgment regarding the succession in the Solorz family. The court dismissed the appeal filed by Zygmunt Solorz and upheld the earlier judgment from May 2025, in which it found that Zygmunt Solorz had effectively transferred joint control over the Cyfrowy Polsat group to his children.
“Just like in the first instance, the judgment of which was handed down in May 2025, the Court also now clearly confirmed our arguments and rejected the entire argumentation prepared by advisors and lawyers from the Father's entourage,” Aleksandra Żak, Tobias Solorz and Piotr Żak and their families wrote in a joint statement sent to PAP Biznes.
They also said that in the coming months they would focus “on strengthening the position of the Polsat Plus Group and its further dynamic development (…) so that the Group's companies are innovative, effectively use the possibilities of modern technologies, and at the same time act responsibly and bring the expected increase in shareholder value.”
Zygmunt Solorz's family also announced that they will strive to ensure that third parties who acted to the detriment of the family and business, not only in private terms, but also in the security of companies of strategic importance for the state, suffer appropriate legal consequences.
In turn, Zygmunt Solorz's legal advisor, Radosław Kwaśnicki, in a statement provided to PAP, stated that the judgment of the Supreme Court in Vaduz is being analyzed and a complaint may be filed to the Constitutional Tribunal of Liechtenstein. He emphasized that his client did not agree with the decision.
This morning our client received formal notice of the judgment of the Supreme Court of Liechtenstein. This ruling is currently the subject of a detailed legal assessment. However, our client fundamentally disagrees with this decision. We therefore reserve the right to pursue all legal options, including lodging a complaint with the Constitutional Court of Liechtenstein, and will determine appropriate next steps in due course. At this stage, we will not provide further comments,” Kwaśnicki emphasized.
On Tuesday, at the close of the session on the WSE, Cyfrowy Polsat shares increased by over 10.4% and their price was PLN 12.29; turnover reached nearly PLN 70.8 million.
The issue of succession in the Solorz family has been ongoing since September last year, when “Gazeta Wyborcza” reported that the billionaire's three children sent a warning to the managers of the businessman's four most important companies. The letter included opinions that the well-being of these companies is threatened by people who want to take control of the business. It was about, among other things, o Polsat and strategic companies for the state. The newspaper reported that Zygmunt Solorz's children were in a fierce dispute with Justyna Kulka, Solorz's wife. On the same day, Solorz announced that he would dismiss his sons from the management boards of companies belonging to his holding.
In October 2024, both of the billionaire's sons – Tobias Solorz and Piotr Żak – as well as lawyer Jarosław Grzesiak were dismissed from the supervisory board of the energy concern ZE PAK. Tobias Solorz and Piotr Żak also lost their seats on the supervisory boards of Cyfrowy Polsat, Netia and Polkomtel. Zygmunt Solorz's sons appealed against the resolutions of the general meetings of ZE PAK and Cyfrowy Polsat to court. In July 2025, both companies announced that the lawsuits had been withdrawn.
In May 2025, a court in Liechtenstein dismissed Zygmunt Solorz's lawsuit regarding changes to the statute of his TiVi Foundation, under which control over Solorz's businesses would be taken over by his children. Zygmunt Solorz's main advisor, Radosław Kwaśnicki, informed in “Puls Biznesu” that an appeal against this non-final judgment had been filed in June. Ultimately, however, the Supreme Court of Liechtenstein upheld the verdict.
In recent weeks, Zygmunt Solorz and his wife Justyna Kulka have successively lost their positions on the supervisory boards of Polsat Plus Group companies. In mid-December, Solorz was dismissed from the position of the supervisory board of the Interia.pl Group. Earlier, the businessman and his wife were dismissed from the supervisory boards of: Cyfrowy Polsat, Telewizja Polsat, Netia, Polkomtel, ZE PAK, Elektrim.
In mid-December, Polsat Plus Group spokesman Tomasz Matwiejczuk announced that Zygmunt Solorz is still a member of the supervisory board of Polsat Media, while Kulka “has already been dismissed from all companies of the Polsat Plus Group in which she performed any function.”
Zygmunt Solorz's main areas of interest are telecommunications, media, construction and energy. Currently – according to the latest reports – the majority stake in the Polsat Plus Group belongs to the TiVi Foundation, while the owner of 65.96 percent. ZE PK shares are owned by Solkomtel Foundation.
At the end of 1992, the Polsat television he founded began broadcasting via satellite from the Netherlands. In 1993, Polsat was the first private entity to obtain a license to broadcast a program from terrestrial transmitters in Poland. The broadcast started in 1994. In 1999, the Cyfrowy Polsat platform was created. In 2011, Solorz-Żak bought Polkomtel for over PLN 18 billion. Subsequent transactions include: purchase of Netia.
In 2020 and 2021, he was in first place in the ranking of the richest Poles by the weekly “Wprost” with assets valued at over PLN 10 billion. (PAP)
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