Press releases

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.

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.

TAURON Group is coping well with the challenging market environment as confirmed by the earnings generated by the company in the first three quarters of this year.

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...

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”. ...

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. ...

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. ...

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. ...

At its meeting on 10 October the supervisory board of TAURON Polska Energia supplemented the composition of the Management Board of the Company, appointing – on request of the President, Jerzy Kurella – Anna Striżyk to the position of Vice-President for Economics and Finance and Piotr Kołodziej - to the position of Vice-President for Strategy and Development. ...

Representatives of TAURON Polska Energia and Spółka Restrukturyzacji Kopalń (Coal Mine Restructuring Company) started their talks concerning the purchase of "Brzeszcze" coal mine.  SRK declared that on 7 October the procedure suspended last week will be officially resumed. ...