BOT plans massive savings and profit increase by 2010

In 2005 the company expects to post a profit of zł.197 million on revenues of zł.6.9 billion. Over the next five years the net result should grow six fold. This will be achieved once the enterprise successfully completes consolidation and restructuring. If they are not implemented, the net profit will stand at zł.600-800 million. According to the BOT management board, restructuring should allow saving of zł.3.3 billion over 2005-2010. The energy group announced that it sold 25.2 TWh of electricity in the first half of the year as against the anticipated 24.1 TWh. Thanks to its energy production output standing at 7.950 MW at the end of 2004, BOT accounts for a 24.4% share of national electricity generated. (Parkiet, p. 5) M.M.