Press releases

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

  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’...

Q1 2014 sales revenue was PLN 4 887m and EBITDA reached PLN 1 088m.   EBITDA margin was 22.3 percent, whereas EBIT margin reached approx. 13 percent Efficiency improvement program underway generated approx. ...

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. ...

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. ...

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...

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. ...

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. ...

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. ...

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.

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. ...

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. ...

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...

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...

On 31 July 2013 TAURON Polska Energia and Bank Gospodarstwa Krajowego (Poland’s state-owned bank) signed agreement for arrangement and underwriting of a PLN 1 bn worth bond issue. The purpose of the bond issue is to finance investment expenditures related to execution of TAURON Group’s development strategy until 2020. ...

Construction of 50 MWe/ 106 MWt coal-fired heating unit with heat accumulator at Elektrociepłownia Bielsko-Biała of TAURON Wytwarzanie has been completed. The combined heat and power unit was built using best available techniques and its regular operation is scheduled to start this fall, together with the start of the heating season.  The investment worth over PLN 617 million...

TAURON Dystrybucja signed a memorandum of understanding with American company Altairnano that defines cooperation in the scope of stationary energy storage systems and power stabilization systems based on lithium titanate batteries.

  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. ...

  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. ...

On 1 March TAURON Polska Energia and Kompania Węglowa signed agreement for coal supply to TAURON Group companies. The value of the agreement is estimated at PLN 2.4 bn. The agreementsupersedes the previousagreementsigned in 2010.

On 3 February 2013 TAURON Dystrybucja – a TAURON Group’s company, and BIT Huachuang Electric Vehicle Technology (China) signed cooperation agreement.

On 31 January TAURON Obsługa Klienta Sp. z o.o. (TOK, customer service company) with its registered office in Wrocław merged with TAURON Obsługa Klienta GZE Sp. z o.o. (TOK GZE, customer service company) with its registered office in Gliwice.

On 24 January the Management Board of TAURON Wytwarzanie, a TAURON’s subsidiary, approved the recommendation of the tender committee that was to select the contractor for 910MW unit with supercritical parameters at Jaworzno III power plant.

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. ...

On 19 December 2012 TAURON Polska Energia and Polskie Górnictwo Naftowe i Gazownictwo signed a letter of intent concerning construction of approx. 400MW gas-fired CHP unit in the area belonging to TAURON’s Łagisza power plant. The parties declared cooperation in the scopes of construction and operation of the unit as well as electricity trading.

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.

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.

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.

Eighth edition of TAURON Polska Energia’s campaign “Positive Energy Homes” whose aim is to help orphanages in the territory of the Group’s operations has finished. On 11 October during the Great Final five winners received checks for PLN 50 thousand each. ...

On 1 October 2012 merger of TAURON Dystrybucja SA with its seat in Kraków and TAURON Dystrybucja GZE SA with its seat in Gliwice was registered. As a result, TAURON Dystrybucja took over rights and obligations of TAURON Dystrybucja GZE (including agreements with customers). ...