PKE looks for ways to raise capital to restructure

"We should be compared to energy companies, as in such a comparison we would rank much better," said Jan Kurp, PKE president. He added that his enterprise consists of eight power plants which are in various financial states. The capital needed to restructure the firm can be partially raised from a public floatation. The firm is not planning any mass lay-off, as labor costs constitute only 10% of its total costs and instead wants to focus on using its existing potential more effectively and replacing some of its more outdated power blocks. (Puls Biznesu, p. 6) M.M.