Tauron plans PLN 1.3 bln saving in years 2016-2018

Power utility group Tauron expects PLN 1.3 bln savings in years 2016-2018 under a new efficiency program. The company expects EBITDA to grow by around PLN 1 bln in 2016-2018, including PLN 400 mln in 2018, the group said in a statement. Nearly half of the savings (PLN 786 million) are to come from the reorganization of basic processes within the group, and the rest from improving the efficiency of asset use and of purchasing policies.