Press releases

The Management Board of TAURON Polska Energia confirms its interest in the acquisition of KWK Brzeszcze assets and declares its willingness to return to talks on this subject with Spółka Restrukturyzacji Kopalń (Coal Mine Restructuring Company). ...

The Supervisory Board of TAURON Polska Energia at its meeting on 1 October dismissed the following persons from the Management Board of the company: Dariusz Lubera - President of the Management Board, Aleksander Grad - Vice-President of the Management Board for Corporate Affairs, Katarzyna Rozenfeld  - Vice-President of the Management Board for Commercial Affairs,   The following...

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...

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...

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. ...

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. ...

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. ...

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. ...

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. ...

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. ...

On 16 July Fitch rating agency affirmed the former long-term local and foreign currency rating of TAURON at BBB with stable outlook. Fitch also confirmed the international short-term local and foreign currency rating at F3 level, the national long-term rating at A (pol) level with stable outlook and the national unsecured and unsubordinated debt rating at A (pol) level. ...

On 10 July 2015 TAURON Polska Energia signed the annex with Bank Gospodarstwa Krajowego to the programme agreement regarding the organisation of the bond issue programme. Pursuant to the annex concluded, the amount of the bond issue programme increased from the level of PLN 1 billion to PLN 1.7 billion. ...

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. ...

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. ...

On 15 May TAURON Polska Energia and Spółka Restrukturyzacji Kopalń - SRK (Coal Mine Restructuring Company) signed a letter of intent concerning the cooperation in the scope of potential acquisition of KWK Brzeszcze assets. ...

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. ...

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. ...

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. ...

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. ...

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. ...

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. ...

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. ...

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...

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. ...

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). ...

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. ...

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. ...

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. ...

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. ...

TAURON Group placed 15-year uncollateralized registered bonds to the value of 168 million euro on the German market. The issue of registered bonds, so-called NSV (Namensschuldverschreibung) was carried out by TAURON Sweden Energy, a 100 percent subsidiary of TAURON Polska Energia and underwritten by TAURON. ...