MVV Energie plans Poland expansion backed by zl.200 million investment

MVV Energie has announced plans to invest some zl.200 million in Poland over the next few years. The German company is primarily interested in the privatization of the domestic heating supply system, and is also hoping to acquire and operate industry-oriented thermal power plants. Ultimately MVV envisages offering a multi-utility service, providing heating, gas, water and electricity, as it does in Germany. The company's current activities are focused on three medium-sized cities in northern Poland. It recently took over a 56% stake in a local heating and energy provider in Bydgoszcz, and plans similar acquisitions in Slupsk and Szczecin. In other activities, MVV is continuing exclusive negotiations on taking over a heat and power generating plant providing energy for Krapkowice-based paper producer Zaklady Papiernicze. It is also on the short-list of bidders announced by chemicals plant Zaklady Chemiczne Dwory kolo Oswiecimia. (Puls Biznesu, p. 5) M.K.