Electrabel and E.ON reconsider tender of G-8

According to sources, the last of the serious foreign companies applying for the tender for energy G-8 group, Belgian-German consortium Electrabel and E. ON, are not planning to place another offer. Apparently, the document regard ing this matter was given on Friday to the Treasury Minister Piotr Czyżewski . "In some way, it was a conscious choice of the government. Much was done i n order to discourage investors from participating in this privatization," c ommented an anonymous representative of the energy sector advisory company. Changing concepts of privatizing and consolidating the sector could have acc elerated investors' decisions. "Maybe Electrabel and E.ON have decided that it was not profitable and simply too risky to invest in a sector with such a destabilized structure," commented a sector analyst. According to sources, h owever, despite the consortium withdrawing from the tender, it did not lose its interest with the company. They might reconsider their decision if the p rice of the G-8 share was lower. (Puls Biznesu, p. 7) M.M.