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Poland Power Utilities Surge after Govt Announces Industrial Overhaul

POLAND
  • Poland will buy coal assets spun off from PGE, Tauron and Enea in 2Q-3Q 2022, PAP newswire reports citing a schedule of a planned transformation of the country's energy sector by the State Assets Ministry
  • coal companies will undergo due diligence in 4Q 2021/1Q 2022, and will get evaluated in 2Q 2022
  • They will then be integrated into one capital group, wholly-owned by the state
  • Shares in Polish power utilities gain after the government published details of the planned industry overhaul - PAP
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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