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Tauron unveils zł.13 billion mid-term strategy

Over half of this amount will be earmarked to build new power blocks and projects related to renewable energy sources. Over the following eight years the company is planning to invest another zł.20 billion. "We shall not finance the investments on our own," said Dariusz Lubera, president of the company, adding that it will look for support from sector or financial investor on some projects.

Tauron is hoping to raise some funds by improving its results and efficiency, as it anticipates a leap in EBIT from zł.190 million at present to zł.1.2 billion in 2012. To this end the firm will debut on the bourse intending to raise as much as zł.4 billion.

Sources: Rzeczpospolita, Parkiet (M.M.)

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