Sydkraft moves in to turn up the heating through a series of acquisitions

Swedish energy concern Sydkraft has announced that it will soon begin to work closer with its heating plants in Poland, but company representatives did not give exact details. However, it seems this will focus around joint staff training, joint promotional undertakings and buying raw materials in common. Sydkraft claims that it wants to achieve synergy among its companies, without the need for lay-offs. At present, the Swedish company owns 51% of the combined energy and heating plants in Slupsk, which it acquired on Monday for zl. 38 million, a 35% share in the Koszalin heating plant, 70% in Zlotow, 49% in Ustka and 48% in Ostrow Wielkopolski. Later this month Sydkraft should conclude negotiations to take over a heating plant in Koscian. The company should now be able to attract new customers through offering lower prices. (Puls Biznesu, p. 10) M.M.