PGNiG continues to do shopping in North America
14:28
State-controlled PGNiG has been working on striking acquisition deals in the US and Canada, the company told the media. It also eyes the Norwegian and the South Asian markets as well as the Polish heating networks.
Jarosław Bauc, the deputy CEO at PGNiG said at a press conference that the company has already picked "some group of firms" in the US and Canada, which are subject of potential acquisition talks. He added that possible transactions are to take place within a few months. Besides that, PGNiG looks for business in Norway and South Asia, particularly in Pakistan, where it is expanding the production.
"We are very active in the domestic market. We may be involved in some disinvestments this year," PGNiG CEO Mariusz Zawisza pointed out and said that the company is interested in the Polish heating networks.