KGHM is about to embark on zł.750 million energy projects

The investment is planned to start in Q2 and will be financed from KGHM and Energetyka's own funds as well as commercial loans, ecological funds and an EU grant, provided Energetyka manages to obtain one. "The investment will enable Energetyka, as well as the entire capital group, to cut its costs," said KGHM spokesman Dariusz Wyborski. KGHM hopes to save up to 20% once the projects are completed. The investment is regarded as a necessity as the burden of energy costs for KGHM amounts to zł.430 million a year, which constitutes 10% of its total costs. (Parkiet p. 3) M.G.