Company Profile
Energa S.A. seated in Gdańsk - privatised company
Description of activity
Energa S.A. is a holding company for 44 legał entities. Group companies' key activities focus on electricity generation, distribution and trade as well as the provision of services to electricity customers. One group company is Energa Elektrownie Ostrołęka S.A. power plant group, the largest producer of electricity and heat in north-west Poland and Poland's pioneer of biomass use in the energy industry. Another group company is Energa Zakład Elektrowni Wodnych Sp. z o.o. in Straszyn, the largest producer of hydroelectric energy and owner of the hydroelectric power plant on the Vistula River in Włocławek. The remaining group companies are engaged in construction, design, supply, transport, information and communication technology. The group provides electricity to 2.4 million households and to more than 300 000 companies. The Energa Group distribution system operator provides services to an area of 75 000 square kilometres. Energa Group has a high 30% share in the domestic market for renewable energy. The most attractive renewable energy resources in Poland are located within the group's area of operations. The company's strategy is geared towards long-term development of the Capital Group's key operational areas and obtaining new capacity from conventional and renewable sources. Energa also plans to develop new lines of business and to restructure the group.
Contact information
Province : pomorskie
Energa S.A.
Reja 29
80-870 Gdańsk
ph.: (+48 58) 347 30 05
fax: (+48 58) 347 30 82
www.energa.pl
Ministry of Treasury
Krucza 36 / Wspólna 6
00-522 Warsaw
Investor Relations Centre
ph.: (+48 22) 695 90 01
ph.: (+48 22) 695 90 02
fax: (+48 22) 629 98 38
investor@msp.gov.pl
www.msp.gov.pl
Branch
Energy sector
Performance in thousand PLN
|
|
2008
|
2009
|
2010
|
|
Sales revenue
|
8 311 223.7
|
8 613 140.9
|
88 703.2
|
|
EBITDA
|
1 278 244.5
|
1 095 468.2
|
-17 834.2
|
|
Net result
|
435 332.7
|
287 762.8
|
347 938.6
|
Planned privatisation
84.19% of the Company shares were sold to PGE S.A. on 29th September 2010. Agreement was signed under condition of receiving the consent of the President of the Office of Competition and Consumer Protection to execute the Agreement. On 20th October, 2010 PGE S.A. has lodged the announcement on planned concentration, to the Office of Competition and Consumer Protection. On 13th January, 2011 the President of the Office of Competition and Consumer Protection has issued a decision forbidding the concentration regarding taking the control over the ENEA S.A. by PGE S.A. On 28th January, 2011 PGE S.A. has filed a motion to the District Court of Competition and Consumer Protection in Warsaw against this decision. At the moment we are awaiting for the ruling of the District Court in Warsaw.
Employment
12 348 employees
Initial capital
PLN 4 845 866 133.00
President of the Management Board
Mirosław Bieliński
Privatisation advisor
Consortium of Companies: KPMG Advisory Sp. z o. o., KPMG Sp. z. o. o. Salans, D. Oleszczuk Kancelaria Prawnicza Sp. k.
Modification date : 09.09.2011


