Business Fuel & Energy Paid
PGE cancels projects worth over PLN 1 bln
21:22
The Management Board of Polish energy behemoth PGE resigns from projects and programs that do not bring the expected benefits to the PGE Group, which are planned for 2020-2024. The total value of these projects is over PLN 1 billion. Planned expenses for these projects in 2020 amounted to nearly PLN 200 million.
As announced by the board, it is necessary to take optimization measures and rationalization in the PGE Capital Group companies.
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