30 percent of Enea may be worth PLN 1 billion

APA - Austria Presse Agentur
08-02-2005, 11:49

Warsaw (Puls Biznesu) – According to Jerzy Gruszka, the CEO of Enea energy group, the Treasury may earn around PLN 1 billion (EUR 252 m) when 30 percent of the company is listed. The CEO hoped the IPO of his company would be conducted in the first half of this year, as the Treasury had planned before.

Warsaw (Puls Biznesu) – According to Jerzy Gruszka, the CEO of Enea energy group, the Treasury may earn around PLN 1 billion (EUR 252 m) when 30 percent of the company is listed. The CEO hoped the IPO of his company would be conducted in the first half of this year, as the Treasury had planned before. Jacek Socha, Poland’s Treasury Minister, does not exclude that the listing is postponed due to long-term employment guarantees of Enea employees.

Enea was created when energy providers including Energetyka Poznanska, Energetyka Szczecinska, Zaklad Energetyczny Gorzow, Zaklad Energetyczny Bydgosz and Zielonogorskie Zaklady Elektroenergetyczne were merged. Enea has 14.2 percent of the market share.

(PLN 1 = EUR 0.252)Poland/Enterprises/Energy

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Podpis: APA - Austria Presse Agentur

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