Tauron not planning bond issue

Major Polish utility Tauron will not issue bonds in 2014, the company’s CEO Dariusz Lubera was quoted as saying by the Polish Press Agency on Monday. Earlier this year, the company’s deputy CEO Krzysztof Zawadzki had said that a debt issue worth PLN 2 billion was possible in late September or early October. Lubera also said on Monday that Tauron would start the construction of a new power unit in Jaworzno before the end of September.