BOT looks for more energy and investments

He refuses to reveal details before talks with the Ministry, though some plans are already well known. Skowronski wants to enhance the capacity of power plants in Belchatów, Opole and Turów between 2010-2012. The cost of the investment has not been specified yet. So far BOT has to finalize raising funds for the current investment in Belchatów, which will cost about EUR.1.6 billion, 50% of which will come from BOT's own assets. The president believes that the company can achieve a profitability rate of between 10-20%. He is going to introduce a cost savings programme, based the group's integration and the improvement of technological processes effectivity. Skowronski will have to face the issue of excessive employment, but he is very cautious about it and declares that he will discuss the necessary changes with trade unions. (Puls Biznesu, p. 7) J.L.