Elektrim supervisory board to review three options for energy strategy

Elektrim's energy strategy should be completed by the end of the month. It is now awaiting final approval from the supervisory board. It is known that there are three broad options for the concern to choose from; mergers within the group, the creation of a new holding, or to leave the company structure as it is and to cut costs. The first proposal would mean merging energy investment contractor Megadex with energy dealer Elektrim Volt. "Such a company would have an annual turnover of zl. 2.5 billion and would be among the largest 50 companies. This means higher credibility," said Robert Butzke, deputy president of Elektrim in charge of their energy division. He believes one of the most important factors influencing the future of Elektrim's energy concerns is their financial condition. "If we were able to sell Elektrim Telekomunikacja quickly, we would be able to pay off bondholders earlier, which mean further savings and then we would have fewer constraints upon us," added Butzke. (Puls Biznesu, pp. 1, 7) M.M.