PGE.

Polish energy company’s eight-year contract renewal supports seven sites.

The company’s EBITDA for 2017 reached PLN 7.6 billion, which is 4% higher than in the preceding year. EBITDA adjusted for one-off items was PLN 6.5 billion, up by 5% from the previous year. This results from a higher lignite-based production volume, positive impact of newly-acquired assets and higher returns on distribution.

On the occasion of publication of its annual results, PGE has announced that by mid-twenties it wants to have 1000 MW offshore wind capacity in the Baltic Sea. The announcement was criticised by a recognised expert and commentator from BiznesAlert.pl, Professor Władysław Mielczarski of the Łódź University of Technology. The issue was commented by Monika […]

What goes on in Poland on the 26th of February.

What goes on in Poland on the 13th of February.

Members of the ruling party want to lower the requirements for employee representatives in company boards. The opposition is against.

It may be too late for the construction of a Polish nuclear power plant as a successor of Bełchatów – according to a report on the development of Polish power engineering after 2030. Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl writes about it.

What goes on in Poland on the 14th of November.

What goes on in Poland on the 9th of November.

Liquidating the Ministry of Treasury symbolically ends a stage of Poland’s transformation period and allows a redefining of the role and meaning of companies with State Treasury shareholding in the Polish economy.