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PGNiG's unit to reach EBITDA of PLN 16 bln

20:57

Polska Spółka Gazownictwa (PSG), a subsidiary of PGNiG, intends to reach PLN 16 billion in cumulative EBITDA in years 2016-2022, PSG CEO Jarosław Wróbel said. "Within six years we want to reach cumulative EBITDA at the level of some PLN 16 billion. The volume of gas distributed in this period is expected to reach over 79 billion cubic meters, while the number of connections to the grid is expected to increase to 350,600," Wróbel confirmed.
According to the official, the company plans to gradually increase its investment outlays in the period from PLN 1.2 billion annually at present up to PLN 2 billion in 2022.

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