The deal with miners will collapse if Brussels says no

On Friday the government signed a deal with mining trade unions. The goal is to prepare ground for future talks on the details of shutting down Poland’s mining sector. The deal even includes the long-awaited deadline. However, meeting the demands may turn out very difficult. The European Commission decided that as of 2019 it would […]

KGHM may support the domestic supply chain for PV

KGHM Polska Miedź may provide raw materials and buy ready PV panels. At the beginning of September the Ministry of Climate started to integrate the sector, but KGHM is missing from the letter signatories. The company could support the development of the domestic supply chain – writes Bartłomiej Sawicki, editor at BiznesAlert.pl.

Black swans in Gazprom’s results

Gazprom has recorded an almost 20-fold drop in net profits, while its revenue in the first quarter of 2020 slumped by 30 percent in comparison to the same period last year. Despite that, the company’s board has not lost its spirit and is expecting a frosty winter, which will disperse the „black swans” and make […]

Will Orlen enter the LNG market thanks to Lotos?

The LOTOS capital group, which may soon become part of PKN Orlen has recently completed the feasability study for the construction of a small-scale LNG terminal in Gdańsk. The next step is making an investment decision. The goal of this project is to enable the usage of LNG in road and maritime transport. This decision […]

Coal capacity green-lighted by the government

The Polish government has admitted that in the face of the EU climate policy, coal assets are becoming a burden for energy companies, whose main job is to provide electricity. It seems that the PGE Group and PKN Orlen convinced their owner to transfer those assets to an entirely new company – writes Bartłomiej Sawicki, […]

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