Ministers discuss creating new energy superpower

After the transaction both companies would provide services to almost half of the country, while the holding could become the largest domestic company, which could compete even with PKN Orlen in terms of revenues. According to the data for 2004 total sum of revenues of all companies comprising the new entity would stand at zł.37 billion, while the value of the enterprise at zł.35 billion. The holding would employ 40,000 people and it would become a medium-size European player. However, in terms of client numbers, which would reach 20 million, and would rank among the top players on the continent. The Economy and Treasury Ministers did not exclude a possibility that a new strategy for the Polish energy sector could be drafted still this month or in January. Earlier they were supporting the idea of constructing a large entity capable of efficient competition with foreign entities. (Rzeczpospolita, pp. A1, B1) M.M.