BOT opens for business and looks forward to taking over energy distributors

It consists of three power plants, Bełchatów, Opole and Turów, and two brown coal mines, Bełchatów and Turów. The holding is now the largest national generator of electricity with a market share of 30%. The firm still has no entities distributing power, "But we know that the government will soon allow the merging of energy producers with energy distributors," said BOT president Zbigniew Bicki. According to Parkiet sources, the holding may be soon joined by Energia-Pro, a group of energy distributors from South-Western Poland, which hold an 11% share of energy distribution. In 2006 the BOT holding is supposed to be ready to enter the Warsaw Stock Exchange. About 35% of shares belonging to the Treasury may then go public. (Parkiet, p. 3) A.F.