Tauron Polska Energia SA. Stock Analysis TPE.WA

TAURON Polska Energia SA is a holding company, which engages in the distribution, generation, and supply of electricity and heat. The company is headquartered in Katowice, Woj. Slaskie and currently employs 19,171 full-time employees. The company went IPO on 2010-06-30. The Company’s business is divided into five operating segments: Mining, including coal mining; Generation, including generation of electricity using conventional sources, such as combined heat and power generation, and generation of electricity using joint combustion of biomass and other energy acquired thermally; Renewable Sources of Energy, including generation of electricity using renewable sources; Sale of Energy and Other Energy Market Products, including wholesale trading in electricity, trading in emission allowances and energy certificates and sale of electricity to domestic end users or entities which further resell electricity; and Distribution. On August 12, 2014, the Company sold Przedsiebiorstwo Swiadczen Zdrowotnych i Promocji Zdrowia Elvita Jaworzno III to Towarzystwo Funduszy Inwestycyjnych PZU SA (TFI PZU). The company operates Brzeszcze mine through Nowe Brzeszcze Grupa Tauron.