PGF attracts a Singaporean investor

Singapore's 2ND Square received a stake in PGF Polska Grupa Fotowoltaiczna. CEO of PGF Wiktor Niedziela said he is very positive about having a new foreign investor and he expects “measurable benefits” from the cooperation.

He reminded that before Christmas there were significant changes in the shareholding structure at PGF. 2ND Square PTE announced the purchase of 24.51% of the company's shares from Omega and Artela.

Niedziela also pointed out that over 75% of the company's shares are held by small individual investors, whose number, according to data from the National Depository for Securities, is over 4,500.