Energy companies will remain legal entities after mergers - Treasury Minister

Poland's four largest energy companies will continue to function as separate legal entities even after the completion of the consolidation process, the Minister of the Treasury Włodzimierz Karpiński informed. "All of the participants of the process will continue to have their legal subjectivity. The existing energy companies will remain separate workplaces, ordering parties, organizers and sponsors," said Karpiński in his interview for the Puls Biznesu daily. The minister added that the consolidation process will begin this year but will continue next beyond 2015. The ministry's plan involves merging Poland's four largest energy providers into two entities. Thus, Polska Grupa Energetyczna (PGE) would be merged with Energa and Tauron Polska Energia with Enea.