Locked content PGNiG considering import of LNG gas from the USA

Poland’s largest gas company PGNiG is considering imports firom the USA and claims that the earliest delivery of LNG gas could take place in 3–4 years.   According to PGNiG CEO Mariusz Zawisza, the price of American gas may be attractive compared to agreements with Qatargas and Gazp...

Locked content Tauron to invest PLN 37 billion until 2023

Major Polish utility Tauron plans to spend PLN 37 billion on investments before 2023. One of the main segments is renewables. In the distribution network, investments will amount to about PLN 21.1 million, including connection of new recipients and sources, extension of connected power grid, and mod...

Locked content Celon Pharma looking to debut on WSE in 2015

Pharmaceutical company Celon Pharma is considering an IPO next year to obtain PLN 150-200 million for clinical studies. “Our decision to enter the WSE will be made in autumn,” Maciej Wieczorek, CEO and owner of the firm, told the Polish Press Agency. “To secure proof of concept for...

Locked content More bankruptcies in May than last year

In May 79 companies were declared bankrupt, compared to 70 bankruptcies recorded in the corresponding month of 2013, according to research and debt collection firm Euler Hermes Collections. The total revenue of the companies that went under last month stood at PLN 1.7 billion and altogether they emp...