Tauron PE (WSE: TPE) approved an efficiency improvement program of a total of PLN 1.3 bln in years 2016-2018 which is expected to boost EBITDA by around PLN 1 bln in 2016-2018, including PLN 400 mln in 2018.
Tauron Polska Energia SA is the parent company of Tauron Group - one of the largest economic entities in Poland, a vertically integrated producer of electricity with capital of about PLN 18 billion and employing more than 26,000 workers. The main activity of the Tauron Group is a coal mining, power generation, distribution and sale of electricity and heat to end-users.