Skip to content
Advertisement

Business

Billion-dollar investment boost for power suppliers

German energy conglomerate RWE Energie AG (RWE) plans to invest zl. 4 to zl. 5 billion in the energy sector over the next two to three years. RWE is bidding for a stake in Gornoslaski Zaklad Energetyczny and is also interested in investing in Poland's largest power plant and mine in Belchatow. "We want to be part of the whole process of producing energy, as well as providing water, gas and heating energy," said RWE management board member Klaus Bussfeld. In 1998 and 1999, RWE's turnover was euro 7.9 billion putting it in first place among private energy providers in Europe. (Prawo i Gospodarka, page 1, 4) M.M.

More from Business All