Press releases

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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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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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 Polska Energia signed the agreement with Towarowa Giełda Energii (Polish Power Exchange) concerning Forward Commodity Market. The aim of the cooperation is to increase the liquidity of animated instruments and to intensify the cooperation between TGE and TAURON, one of the leading energy groups in Poland. ...

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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 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 Polska Energia for the second time has been among companies that will be included in the socially responsible companies’ index. It is yet another recognition for the TAURON Group for being active in the CSR area. ...

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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 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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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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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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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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Car-sharing will be launched in Katowice before the Climate Summit

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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TAURON Group purchases KWK Brzeszcze

In the presence of the Minister of Treasury, Andrzej Czerwiński, on 19 October the special purpose vehicle from TAURON Group and Spółka Restrukturyzacji Kopalń (Coal Mine Restructuring Company) signed the preliminary contingent agreement for the sale of KWK Brzeszcze assets. ...

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TAURON wants to increase share capital

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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TAURON Wydobycie: ZG Janina investment project in its main implementation phase

Construction of the 800 m level at Zakład Górniczy Janina in Libiąż belongs to strategic investment projects of TAURON Group. At the beginning of October, the next important stage of project implementation was commenced - construction of the shaft bottom of the "Janina VI" shaft at a level of 800 m. ...

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The innovative project on CO2 management already in the 1st quarter of 2017

TAURON Wytwarzanie conducts advanced works concerning the construction of a pilot installation converting carbon dioxide from industrial installations to syngas. The surplus electricity from renewable sources will be also used for its production. ...

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TAURON is waiting for the announcement of the public procurement procedure for Brzeszcze

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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Sustainability Report of TAURON Group has been published

Over 4.6 thousand clients and employees of the Group participated in the selection of subjects to the Sustainability Report which has been prepared according the highest reporting standards. Due to the interactive solutions, the document presents the strategy carried out in a comprehensive way, including numerous practices implemented in companies of the Group. ...

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TAURON: mercury as the next challenge for power industry

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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The Smart City Wrocław project was launched

TAURON Dystrybucja started a project associated with the implementation of a smart metering system in Wrocław. During two years the company will install over 330 thousand of modern electricity meters at their clients' premises. ...

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TAURON Group: New deposit in Czatkowice Limestone Mine

In Kopalnia Wapienia Czatkowice (Czatkowice Limestone Mine) belonging to TAURON Group works associated with the preparation of the area for mining from a new deposit have been launched. The investment located across the area of approximately 50 hectares guarantees a possibility of extraction in the mine until 2060. ...

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Higher profitability of TAURON Group in 2013

2013 reported EBITDA was slightly lower than in 2012, reaching PLN 3.66bn. Excluding one-off events (impairment charges related to the value of generation assets and color certificates, provision for the shortage of CO2 emission allowances) EBITDA would be PLN 4.27bn, i.e. ...

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Increased profitability of TAURON Group in the first three quarters of 2013

EBITDA reported for the first nine months of 2013 close to last year’s EBITDA - approx. PLN 3bn. Excluding significant one-off events (impairment charges) EBITDA reported would be PLN 3.3bn which means an increase versus comparable 2012 EBITDA (adjusted by the revenue due to the LTC compensations) of approx. ...

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Stable financial results of TAURON Group in the first half of 2013

H1 2013 net profit of PLN 890.6m, i.e. close to last year’s earnings Group’s H1 2013 EBITDA slightly lower than last year: a 1.4 percent drop – to PLN 2.05bn Strong margin improvement year-on-year:  EBITDA margin increased by 4.2 percent – to 21.1 percent, EBIT margin and net margin increased by 2 percent to 12.2 and 9.2 percent respectively, at the end of H1 2013 Sales revenue...

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TAURON Group’s profit increases in Q1 2013

  Net profit increased by almost 50% from nearly PLN 395m in Q1 2102 to close to PLN 580m this year. Net margin went up from 6.1 percent to 11.2 percent. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew over      25% and reached more than PLN 1.2bn in Q1 2013 vs. ...

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TAURON Group’s good results in 2012

  TAURON Group’s revenue in 2012 amounted to over PLN 24.7bn, i.e. almost 20% more than a year ago when TAURON’s revenue was PLN  20.8bn.   EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew in 2012 by 25.6% and reached over PLN 3.8bn vs. ...

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TAURON Group to increase operational efficiency

Following completion of the first efficiency improvement program which brought PLN 1bn OPEX reduction over 2010-2012 the TAURON Group is launching another one. Its execution over 2013-2015 should bring approx. ...

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Improvement of TAURON Group’s financial results in Q3 and for the first three quarters of 2012

TAURON Group’s revenue in the first three quarters of 2012 amounted to over PLN 18.2bn, i.e. approx. 20.1% more than in the same period last year when TAURON’s revenue was PLN 15.2bn.

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Good Q2 and H1 2012 results

TAURON Group’s revenue in H1 2012 amounted to over PLN 12.3bn, i.e. 19.2% more than in the same period last year when TAURON’s revenue amounted to PLN 10.3bn EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew faster than revenues – in H1 2012 it increased by 26.5% and reached almost PLN 2.1bn vs. ...

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TAURON increases bond issue program by PLN 2.75 bn

On 29 June TAURON Polska Energia signed agreement to increase the value of the Company’s bond issue program by PLN 2.75 bn. Thanks to the agreement, TAURON will be able to issue bonds in tranches until mid-December 2017. Funds obtained from the bond issue will be allocated to finance investment program and cover general corporate expenses.

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Fitch affirms TAURON’s rating

On 25 June 2012 Fitch Ratings has affirmed TAURON Polska Energia S.A.’s (TAURON) long-term foreign and local currency Issuer Default Ratings at ”BBB” with stable outlooks.

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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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