Press releases

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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TAURON is developing its offer in the scope of electromobility. Besides the construction and maintenance of charging stations, the Group is introducing the car sharing service for inhabitants, entrepreneurs and tourists visiting Katowice. ...

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  Sales revenue up 5 percent year on year (to PLN 9.2bn) EBITDA up 2 percent (to PLN 2.2bn), with EBITDA margin of 23.8 percent Net profit attributable to the shareholders of the parent company of PLN 567m due to impairment charges (impact on the net result: PLN 303m) Electricity distribution and retail supply volumes maintained Capital expenditures of PLN 1.48bn. ...

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Projects related to innovative solutions for the energy sector responding to market challenges in areas of TAURON Group activity will become the focus of interest of the new EEC Magenta fund. The Polish Development Fund established by TAURON and the CVC National Research and Development Centre (managed by PFR) - the Corporate Venture Capital (CVC) type fund, is the first entity...

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  Sales revenue up 5 percent year on year (to PLN 4.8bn) EBITDA up 6 percent (to PLN 1.3bn) and EBITDA margin maintained at 26.8 percent Stable net profit of PLN 637m Positive PLN 230m impact on earnings due to dissolving of the provisions related to employee benefits at TAURON Wytwarzanie (Generation) Increased volumes of electricity distribution (by 1 percent), electricity...

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At the request of shareholders of TAURON Polska Energia a break until 23 November was announced in the company's Extraordinary General Meeting of Shareholders convened on 9 November. The shareholders justified the break in the Extraordinary General Meeting of Shareholders with the necessity of in depth analysis of the issue of capital increase, which is the main item on the...

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The Management Board of TAURON convened the Extraordinary General Meeting on 9 November, during which, among others, increasing of the share capital by PLN 400 million is planned. It will take place through the issue of 80 million of non-voting shares with the nominal value of PLN 5 per share. ...

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With reference to the declaration of Spółka Restrukturyzacji Kopalń - SRK (Coal Mine Restructuring Company) concerning the suspension of negotiations related to the sales of a part of KWK Brzeszcze assets for an unlimited period of time, provided to the media yesterday (30 September) late in the evening, we express our surprise with this fact, since the intensive negotiations...

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Due to the imprecise information concerning the process of purchasing of a part of assets of KWK Brzeszcze disseminated in the public domain over the recent days, and the decisions of the statutory bodies of our company associated with this fact – the Management Board of TAURON Polska Energia informs that the offer prepared by the RSG special purpose vehicle was drawn up following...

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On 4 August the Management Board of TAURON Polska Energia unanimously adopted the decision defining the borderline conditions for the purchase of a part of KWK Brzeszcze assets, based on which a new coal mine will be established. ...

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The companies signed a letter of intent concerning joint implementation of the strategy ensuring the optimum method of increasing renewable capacity and financing of purchase transaction of wind assets. ...

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TAURON Polska Energia made the 2014 Annual Report available online. The document contains a comprehensive summary of financial standing and operating activity of the Group in the previous year. The complex interactive character of the report enabled to launch many new functionalities for users - so far not found among Polish listed companies. ...

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The issues of mercury emission, methods of its removal and environmental impact were the main topics of the scientific conference organised on 13-14 May by the AGH University of Science and Technology in Kraków, TAURON and KIC InnoEnergy. ...

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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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On 12 March corporate bonds of TAURON Polska Energia worth PLN 1.75 billion were newly listed on the Catalyst market. Within the bond issue programme adopted in 2013 TAURON can still issue securities with the value of PLN 3.25 billion.  The bonds were acquired by institutional investors in a non-public subscription completed in November 2014. ...

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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: EBITDA of PLN 3 billion and increased revenue after the first 3 quarters of 2018

  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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TAURON Group: Increased sales revenue and higher EBITDA in H1 2018

  Sales revenue up 5 percent year on year (to PLN 9.2bn) EBITDA up 2 percent (to PLN 2.2bn), with EBITDA margin of 23.8 percent Net profit attributable to the shareholders of the parent company of PLN 567m due to impairment charges (impact on the net result: PLN 303m) Electricity distribution and retail supply volumes maintained Capital expenditures of PLN 1.48bn. ...

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TAURON Group: PLN 1.3bn of EBITDA and PLN 637m in net profit in Q1 2018

  Sales revenue up 5 percent year on year (to PLN 4.8bn) EBITDA up 6 percent (to PLN 1.3bn) and EBITDA margin maintained at 26.8 percent Stable net profit of PLN 637m Positive PLN 230m impact on earnings due to dissolving of the provisions related to employee benefits at TAURON Wytwarzanie (Generation) Increased volumes of electricity distribution (by 1 percent), electricity...

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TAURON Group posts good Q1-3 2017 earnings: PLN 2.9 bln of EBITDA and PLN 1.2 bln in net profit

The first three quarters of 2017 were for TAURON Group a period of significant improvements of the basic operating and financial indicators.

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TAURON Group’s H1: EBITDA topping PLN 2 billion and net profit of PLN 1 billion

TAURON Group posted solid financial and operating results in H1 2017. It would not have been possible without our consistent activities in various areas – we are streamlining management processes in place within the Group, we are watching our costs, while at the same time making sure that we support innovations and make our product offering more attractive for our existing and future customers.

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Good Q1 for TAURON Group

Sales revenue reached PLN 4,590m (up 0.5 percent year on year) – revenue increases reported in the following segments: Mining, Distribution, Supply EBITDA reached PLN 1,185m (up 35.6 percent year on year) – EBITDA margin was 25.8 percent Net profit reached PLN 641m (up 97.8 percent year on year) EBITDA was impacted by the dissolving of the PLN 190m provision related to the CCGT...

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Good results posted by TAURON Group in 2016: stable sales revenue and EBITDA topping PLN 3.3bn

Sales revenue reached PLN 17.65bn EBITDA reached PLN 3.34bn, while EBITDA margin was 18.9 percent Net profit reached PLN 370m (versus net loss of PLN 1.8bn in 2015) Net impairment charges related to fixed assets as a result of impairment tests conducted in 2016: PLN 735m Segments that made the largest contribution to the company’s earnings: Distribution (EBITDA of PLN 2 395m),...

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TAURON Group's H1 2016 results impacted by write-offs

  Sales revenue topped PLN 8.94bn EBITDA reached PLN 1,653m, while EBITDA margin was 18.5 percent Net profit reached PLN 4.7m which was the direct consequence of write-offs of impaired Generation assets As a result of the write-offs EBIT declined approx. ...

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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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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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