BOT foresees future as country's top energy producer

Although BOT has debts of zł.7 billion, Bicki announced plans to maintain employment at the planned 23,000 level and also disclosed that he hopes that the State Treasury will transfer shares in energy distribution companies to the group, as this would greatly facilitate the reduction of its operational costs. Additionally, Bicki said that it will take at least another two years before BOT shares can be traded on the bourse as it is first crucial to increase the value of the company. The group's president also said that he does not exclude the possible entrance of a strategic investor, although potential buyers for such a large concern are hard to come by. (Puls Biznesu, pp. 1, 4, 5) A.K.