Company Profile
PGE Polska Grupa Energetyczna S.A. seated in Warsaw
Description of activity
PGE Polska Grupa Energetyczna S.A. is the dominant company of the largest energy capital group in Poland and one of the largest groups in Central and Eastern Europe. PGE Group conducts activity in six major segments: mining and generation, comprising lignite mining, conventional generation of electricity and heat, wholesale trade in electricity, retail sales of electricity, distribution of electricity and renewable energy. Net electricity production of the Group in 2010 amounted to more than 52,7 TWh. Total generating capacity amounts to approx. 12.2 GW. These figures place PGE among the largest players in Central Europe. Last year, PGE Group sold electricity to more than five million customers, both domestic and business. PGE has been selected by Polish government to advise governmental experts with implementation of Polish nuclear energy program. It estimated that the Company would be a leading entity in constructing and exploiting first Polish plants of nuclear energy.
Contact information
Province : lubelskie
PGE Polska Grupa Energetyczna S.A.
ul. Mysia 2
00-496 Warszawa
Central ph.: (+48 22) 340 10 00
Secretariat of the Management Board ph.: (+48 22) 340 17 01
Fax: (+48 22) 693 14 99
Management Office ph.: (+48 22) 340 17 04
Fax: (+48 22) 340 15 05
www.pgesa.pl
Ministry of Treasury
ul. Krucza 36 / Wspólna 6
00-522 Warszawa
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
|
19 408 706.0
|
21 623 350.0
|
20 476 465.0 |
|
EBITDA
|
5 846 518.0
|
7 983 405.0
|
6 834 025.0 |
|
Net result
|
2 670 247.0
|
4 337 223.0
|
3 627 087.0 |
Planned privatisation
The Treasury holds 69% of the Company’s shares. On 6 November 2009, the Company was listed on the Warsaw Stock Exchange. On 8 October 2010, the Ministry of the Treasury has completed a sale of 10% shares of the Company on the Warsaw Stock Exchange. On February 23, 2012 the book building regarding 131.000.000 shares out of 1.288.124.586 shares belonging to the State Treasury, was completed.
Employment
44 714 employees
Initial capital
PLN 18 697 837 270.00
President of the Management Board
Paweł Skowroński Deputy President of the Management Board
Privatisation advisor
-
Modification date : 01.03.2012


