The Warsaw Voice » Business » News - September 10, 2018
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Power utility invests in mining segment
Listed power utility Tauron expects to see positive financial effects of its current investments in Jaworzno and Stalowa Wola power blocks after 2020, CEO Filip Grzegorczyk told the daily Rzeczpospolita in an interview.
In the mining segment, the company is working on improving output efficiency and increasing volumes, CEO said. The mining segment results are unlikely to pick up to end-year, but that line of business may still make profit due to long-term outlays, Grzegorczyk believes.
Renewable energy is a "natural" direction for the Polish power segment; however, energy from coal is still the cheapest, CEO said when asked about Tauron's attitude to stepping up the group's efforts towards renewables investments.