Poland must ensure local firms can compete with global giants, said Tusk.
Poland must ensure local firms can compete with global giants, said Tusk.
The state-owned firm attributed the results to falling coal prices, lower production volumes and the impact of a one-off write-off.
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Orlen will expand and modernise its Mažeikiai oil refinery.
As demand for coal picks up, Polish producers want to renegotiate long-term contracts.
Exports of electricity are at their highest level in 15 years, which is further pushing up prices.
Poland wants to reach a deal over a spat that is costing it €500,000 a day in fines.
Nuclear power will “help us to protect the environment but will also substantially reduce the costs” of electricity, says KGHM.
The Polish president and prime minister this week both criticised the project.
Higher income thresholds will also allow more people to benefit from thermo-modernisation subsidies.
The company says it is correctly applying the product name used by regulators.
The move is intended to boost investment in greener forms of energy.
Ostrołęka C is to be turned into a gas-powered plant instead.
Katarzyna Kojzar
The planned new mines could cause huge environmental damage.
Jakub Wiech
Program odniósł tak wielki sukces, że kończą się w nim środki.