BOT's foundation act signed and sealed today

According to Henryk Szendera, president of the Opole power plant and coordinator of the whole project, the process will hopefully be concluded before May 1 so as to avoid extensive EU procedures. The new entity will retain its holding structure, the minority stake of which should be floated between 2005 and 2006. "If the scenario is fulfilled, then in the mid-term perspective BOT should not be included in the international integrative processes of the energy market," Dariusz Marzec from PricewaterhouseCoopers commented. (Puls Biznesu, pp. 1, 9) M.M.