Press releases

Sales revenue up 15 percent year on year (to PLN 15.3 billion) EBITDA at PLN 3.0 billion Stable electricity distribution and retail supply volumes Purchase of five wind farms with 180 MW total capacity Capital expenditure up 12 percent (to PLN 2.7 billion). ...

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Sales revenue up 18 percent year on year (to PLN 10.4 billion) EBITDA maintained at more than PLN 2.2 billion Stable electricity distribution and retail supply volumes Acquisition of five wind farms with the total capacity of 180 MW Capital expenditures up 5 percent (to PLN 1.64 billion). ...

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TAURON purchased five wind farms with the total capacity of 180 MW for 137 million euro. Thanks to the investment, the Group will almost double its installed wind capacity. The agreement concerning the acquisition of the farms has been signed today in Hamburg. ...

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TAURON Polska Energia Investment Projects Area, representing Poland in the competition for the best project management office (PMO) in the world, became one of the two best PMOs in Europe and at the same time one of the eight best in the world - In the area of  project management we are already at the forefront of the world. ...

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Sales revenue up 15 percent year on year (to PLN 5.3 billion) EBITDA at PLN 1.2 billion, EBITDA margin: 22.8 percent Capital expenditures of PLN 727 million (up 20 percent year on year). Higher capex in the following segments: Distribution (PLN 351 million) and Generation (PLN 236 million) Work progress on the 910 MW unit construction project in Jaworzno: above 90 percent Long...

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Sales revenue up 4 percent year on year (to PLN 18.1 billion) EBITDA came in at PLN 3.4 billion, with EBITDA margin at 18.6 percent Electricity distribution volume up 1 percent (51.97 TWh) Capital expenditures of PLN 3.7 billion. ...

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‘Poland does share in the ambitious goals of EU energy and climate policy but wants to achieve them in its own way. Transition will not be effective and socially acceptable unless built on that premise,’ said Filip Grzegorczyk, President of company TAURON Polska Energia, at a debate in Strasbourg.

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  Sales revenue up 3 percent year on year (to PLN 13.3 billion) EBITDA came in at PLN 3 billion, with EBITDA margin at 22.3 percent Net profit attributable to the shareholders of the parent company reached PLN 853 million Rising electricity distribution volume and increased number of customers connected to the distribution grid Capital expenditures of PLN 2.3 billion. ...

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Filip Grzegorczyk, CEO of #TAURON: The transformation of the Polish energy sector accelerates although it takes place in a difficult regulatory and business environment. @POLITICOEurope @EventsPOLITICO @PKEE_Brussels https://t.co/oSkOdxbFHU ...

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Conversion of carbon dioxide captured from power units into synthetic natural gas to be used as a vehicle fuel (SNG) is the objective of the pilot plant commissioned by TAURON in the Łaziska power plant.

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On 28 October TAURON Polska Energia and seven banks signed agreement to increase by PLN 3 bn the PLN 1.3 bn bond issue program concluded in December last year. Now the bond issue program totals PLN 4.3 bn.

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TAURON Polska Energia obtained two preferential loans totaling over PLN 510 million from European Investment Bank (EIB). The funds will be used to for execution of two investment projects in the generation segment.

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TAURON Obsługa Klienta opened a modern and functional Customer Service Office (CSO) in Wrocław at ul. Mennicza 20. It is the first facility opened under the CSO network optimization project in the TAURON Group.

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On 7 October TAURON Polska Energia, as one of the shareholders, joined the SPV called Pierwiastki i Surowce Krytyczne Sp. Z o.o. (Rare Elements and Resources LTD). The newly established company will be a platform for cooperation in research on the best technologies for solar panels production. ...

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On 20 September TAURON Polska Energia submitted application to the Polish Office for Competition and Consumer Protection (UOKiK) stating their intention to take over Górnośląski Zakład Elektroenergetyczny – now belonging to Vattenfall AB. ...

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TAURON with the shares in the nuclear company

On 15 April TAURON Polska Energia concluded the agreement on the purchase of shares in PGE EJ1 – a company responsible for the construction and operation of the first nuclear power plant in Poland, with the capacity of approximately 3,000 MWe Pursuant to the agreement, TAURON - like the other partners of the project, i.e. ...

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Advisers recommend purchasing of KWK Brzeszcze from SRK to Tauron

A team of advisers appointed for the analysis of KWK Brzeszcze assets, based on the conducted first stage of analyses, recommended the path for the purchase of these assets, in accordance with the variant assuming their takeover from Spółka Restrukturyzacji Kopalń (Mine Restructuring Company). ...

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TAURON will conduct a comprehensive analysis of Brzeszcze coal mine

TAURON Polska Energia starts its preparations to the potential purchase of the whole or a part of KWK Brzeszcze assets. The team appointed by the company on 2 February will conduct a comprehensive analysis of KWK Brzeszcze comprising, in particular, legal, financial, technical and geological aspects. ...

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TAURON initially interested in Brzeszcze Coal Mine

TAURON Polska Energia expressed initial interest in the purchase of the whole or a part of KWK Brzeszcze assets from Spółka Restrukturyzacji Kopalń (Coal Mine Restructuring Company), unless the economically viable coal extraction is possible in this plant. ...

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TAURON: Gas transmission to new unit at Łagisza power plant secured

On 1 April TAURON Wytwarzanie and GAZ-SYSTEM signed agreement for connection of 413 MW CCGT unit that will be constructed at Łagisza power plant to the transmission grid. The connection should be ready within 52 months. ...

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TAURON Group: State-of-the-art unit built in Tychy

TAURON Ciepło builds a CHP unit at Tychy generation plant. The 50 MWe / 86 MWt unit will produce heat and electricity in highly effective cogeneration. The ceremony for laying of the foundation stone for the PLN 618 million worth investment took place on 29 March and was participated by, among others, Prime Minister Donald Tusk and Deputy Prime Minister Elżbieta Bieńkowska. ...

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TAURON Wytwarzanie and PSE signed agreement for cold reserve

376 MW capacity of Siersza and Stalowa Wola power plants belonging to TAURON Wytwarzanie was selected in tender for cold reserve organized by PSE (Polish Transmission System Operator). The agreement was signed on 26 March. The Transmission System Operator announced tender for purchase of cold reserve due to forecasted capacity balances showing possible electricity shortage of...

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TAURON and PIR work together

On 20 March TAURON Polska Energia and Polish Investments for Development (PIR) signed agreement for financing the construction of 413 MW unit at Łagisza power plant in Będzin. It will be one of the biggest investments of the TAURON Group in Silesia and one of the biggest projects of its kind currently executed in Poland. ...

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TAURON opens Marszewo wind farm

The 82 MW Marszewo wind farm (West Pomerania Province) is now among the RES-based generation units of the TAURON Group. Opening of the third largest wind farm in Poland took place on 18 October. The 82 MW wind farm is located in Postomino municipality, Sławno county, on the East end of West Pomerania Province. ...

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TAURON: Another PLN 5 bn from bond issue

On 31 July 2013 TAURON Polska Energia, ING Bank Śląski, Bank Polska Kasa Opieki and BRE Bank signed agreement for bond issue program for the total value of up to PLN 5 billion. This is the second bond issue agreement signed by TAURON that day – earlier, the company signed agreement for arrangement and underwriting of a PLN 1 billion worth bond issue with Bank Gospodarstwa Krajowego...

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TAURON Group's results in line with the market's expectations

Due to good economic conditions the Group posted an almost 2 percent increase of the distributed electricity volume, also hard coal production and sales volumes rose.

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Stable EBITDA, net result impacted by impairment charges and provisions

2015 EBITDA turned out to be close to the market consensus. The earnings were supported by good macro data and the rising demand for electricity which was reflected in the higher electricity generation and distribution volumes.

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TAURON: Improving earnings of the Mining segment

TAURON Group's Mining line of business generated EBITDA of PLN 134.7m in Q3 of 2015 versus PLN 55.3m a year ago. The good result was possible, among others, due to achieving high hard coal extraction and sales volumes and introducing more flexible approach to the provision of benefits due to former employees.

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TAURON is improving efficiency

The Management Board of TAURON Polska Energia is conducting activities that will have a positive impact on the financial position of the Group and will allow for the outlook of the Fitch credit rating (BBB) to be upgraded to ”stable”. ...

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TAURON Group: Successful first half of 2015

Sales revenue was approx. PLN 9.2bn EBITDA topped PLN 1.9bn, while net profit was more than PLN 720m EBITDA margin reached 20.8 percent, while net margin was 7.8 percent Segments that made the largest contribution to the company’s good H1 earnings: Distribution (EBITDA: PLN 1.24bn), Generation (EBITDA: PLN 473m) and Supply (EBITDA: PLN 335m) Capital expenditures reached approx. ...

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TAURON Group: Q1 2015 EBITDA tops PLN 1bn

Sales revenue was PLN 4.8bn, while EBITDA topped PLN 1bn Net profit rose to PLN 502m. EBITDA margin reached 21.5 percent, while net margin was 10.6 percent Segments that made the largest contribution to the company’s earnings: Distribution (EBITDA: PLN 547m), Generation (EBITDA: PLN 284m) and Supply (EBITDA: PLN 194m) Capital expenditures topped PLN 790m. ...

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TAURON will pay a dividend of almost PLN 263 million

On 23 April the Ordinary General Meeting of TAURON Polska Energia made the decision of payment of the dividend from the profit for 2014 in the amount of PLN 262.89 million, i.e. PLN 0.15 per share. - The General Meeting approved the recommendation of the Management Board concerning the level of the dividend. ...

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TAURON Group posts good results in challenging 2014

Sales revenue was PLN 18.4bn, while EBITDA reached PLN 3.6bn EBITDA margin was 19.7 percent, while net margin reached approx. 6.4 percent Segments that made the largest contribution to the company’s earnings: Distribution (EBITDA: PLN 2.2bn) and Supply (EBITDA: PLN 608m) Generation’s EBITDA increased nearly nine-fold (up to PLN 252m), while Renewable Energy Sources’ segment...

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TAURON Group’s Q1-Q3 2014 results stable

Sales revenue was PLN 13.6bn, while EBITDA reached PLN 2.9bn. ...

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TAURON Group’s H1 2014 results top market expectations

  Sales revenue was PLN 22bn, while EBITDA reached PLN 1.99bn EBITDA margin was 21.6 percent, while EBIT margin reached approx. 11.7 percent Segments that made the largest contribution to the company’s earnings: Distribution (EBITDA: PLN 1.17bn) and Supply (EBITDA: PLN 392m) Generation’s EBITDA increased 4.5 times (from 28 to almost PLN 127m), while Renewable Energy Sources’...

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TAURON enters gas trading market

On 19 October, President of Polish Energy Regulatory Office (ERO) approved gas tariff for TAURON Polska Energia. This decision is the green light for establishing gas trading segment in TAURON Group. The tariff is approved for a period of 12 months counting from its implementation by the company.

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Polska Miedź buys green electricity from TAURON

KGHM Polska Miedź bought electricity generated from renewable sources. It is the ”greenest” product on the market at the moment – in 100% generated from renewable energy sources – hydroelectric power plants belonging to TAURON Polska Energia.

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New Customer Service Office in Wrocław

TAURON Obsługa Klienta opened a modern and functional Customer Service Office (CSO) in Wrocław at ul. Mennicza 20. It is the first facility opened under the CSO network optimization project in the TAURON Group.

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TAURON with the Consumer Service Quality Certificate

TAURON Obsługa Klienta, as the first company in Poland, received the Consumer Service Quality Certificate. It is granted by the Consumer Federation to organisations obtaining positive result of the legal and consumer audit. ...

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TAURON 24. the biggest company in Central and Eastern Europe

TAURON Capital Group was ranked 24th position on the List of 500 biggest companies of Central and Eastern Europe prepared by "Rzeczpospolita” daily and the Deloitte consulting company. Accordingly, TAURON has maintained its last year's position in the ranking. ...

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Best investor relations in TAURON

Investor Relations of TAURON Polska Energia were recognised as the best among WIG30 index companies. In the second issue of investor relations quality survey, organised by "Parkiet" Stock Exchange Magazine and the Chamber of Brokerage Houses, for one month, Internet users voted for WIG30 index companies. ...

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TAURON awarded in “The Best Annual Report 2012” competition

TAURON Polska Energia has been awarded the second main prize for the annual report of the TAURON Group for the year 2012 in “The Best Annual Report 2012” competition. In addition, the company also received two honorable mentions: for the use value of the annual report and for the best report on the operations of the company.

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TAURON 17th biggest company in CEE

TAURON Polska Energia went one place up and is now No. 17 on the list of 500 Biggest Companies in Central and Eastern Europe prepared by Rzeczpospolita daily and Deloitte. TAURON is also among the TOP 25 largest listed companies. ...

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“Wektor” award for the CEO

Dariusz Lubera, President of the Management Board at TAURON Polska Energia, has been awarded a “Wektor” prize by Employers of Poland. On 14 January the tenth Wektor gala was held during which prizes were awarded to great politicians, entrepreneurs and people from the world of culture and art.

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TAURON received honorable mention in “The Best Annual Report 2010” contest

TAURON Polska Energia received honorable mention from the jury of “The Best Annual Report 2010” contest for the quality of consolidated financial statements included in the TAURON Group’s report for 2010. The gala organized by the Accounting and Tax Institute was held on 21 October in the Warsaw Stock Exchange’s trading room.

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