The Management Board of PGE Polska Grupa Energetyczna has decided to terminate projects and programmes planned for the years 2020-2030 that do not bring expected benefits for the PGE Group. The total value of these undertakings exceeds the amount of PLN 1 billion.
The Management Board of PGE Polska Grupa Energetyczna decided to close projects with unsatisfactory rate of return, in particular those not directly related to the core business of the Group, and obliged all PGE Group companies to optimization and rationalization activities.
PGE Group's EBITDA with strong support from free EUA allowances. Net profit under pressure from impairment losses in Conventional Generation segment.
Wojciech Dąbrowski, President of the Management Board of PGE Polska Grupa Energetyczna, was appointed to the position of the President of the Management Board of the Polish Electricity Association (PKEE).
The Supervisory Board of PGE Polska Grupa Energetyczna S.A. appointed the Management Board for the 11th term of office. The Board entrusted Mr. Wojciech Dąbrowski with the position of President, Mr. Paweł Strączyński became Vice-President in the area of finances, Mr. Paweł Cioch was announced Vice-President responsible for corporate affairs, and Mr. Paweł Śliwa took the position of Vice-President for innovation. The board’s joint term will last for 3 years.