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PGE Prelim FY 2020 Net Profit At About 110 Mln Zlotys
Ørsted And PGE To Form JV On Baltica 2 And 3
PGE Contracts Total 364.15 MW Of Capacity Requirement For 2025
PGE Polska Grupa Energetyczna SA is a Poland-based company active in the power sector. The Company is involved in production, sale and distribution of electricity. The main areas of the Company's activity comprise six business lines: Conventional Power Generation, Wholesale, Retail, Distribution, Renewable power generation and Nuclear power generation. PGE Polska Grupa Energetyczna SA is a vertically integrated group which includes lignite mines (therein KWB Belchatow), power plants and cogeneration plants (including power plants that produce energy from renewable sources, wind power and hydropower plants), distribution system operators, retail sales companies, a wholesale trading company, as well as a company active in telecommunications industry.
ul. Mysia 2
Chairman of the Supervisory Board
President of the Management Board
Independent Vice Chairman of the Supervisory Board
Vice President of the Management Board for Finance
Vice President of the Management Board for Operations
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Polish state-run utilities PGE , Tauron and Enea should merge immediately after offloading their coal assets into a separate entity to boost their investment potential, said PGE Chief Executive Wojciech Dabrowski.
Poland plans to merge its three utilities PGE <PGE.WA>, Enea <ENAE.WA> and Tauron <TPE.WA> into two groups as part of a planned reform of its coal and energy industry, its deputy prime minister was quoted saying by Dziennik Gazeta Prawna (DGP) daily.
* REPORTED ON TUESDAY Q1 NET PROFIT OF 432 MLN ZLOTYS VERSUS ABOUT 432 MILLION ZLOTYS ESTIMATED ON MAY 12
WARSAW, May 12 - The following are news stories, press reports and events that may affect Poland's financial markets on Tuesday:
Poland's biggest energy group PGE has decided to close projects that are not related to its core business, aiming to improve margins and reduce costs, the company said on Thursday.
Greenpeace activist, Pawel Szypulski, said on Thursday he was applying for the chief executive job at Poland's biggest utility PGE, with a plan to eliminate polluting coal from the group's power production by 2030.
Poland has no plans for state-run power group PGE to take over German-owned Innogy Stoen Operator, Polish Energy Minister Krzysztof Tchorzewski said on Wednesday, according to the state-run news agency PAP.
Poland's biggest power company. PGE. expects its Baltic Sea wind farms to achieve ready-to-build status in 2021, Chief Executive Henryk Baranowski said on Wednesday.
Poland's biggest power group PGE on Tuesday reported a net profit of 935 million zlotys ($258.39 million) in the first quarter, 3 percent down year on year and slightly lower than the utility's estimate of 959 million zlotys.
Poland's biggest power group PGE reported on Tuesday a net profit of 2.66 billion zlotys ($788.10 million) in 2017, slightly better than its earlier estimate of a profit of 2.64 billion zlotys.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.