TAURON Polska Energia S.A. was established on 6 December 2006 to implement the Power Engineering Programme. The Company’s founders are the State Treasury, EnergiaPro S.A. (currently: TAURON Dystrybucja), ENION S.A. (currently: TAURON Dystrybucja) and Elektrownia Stalowa Wola (currently: TAURON Wytwarzanie).
As the parent, TAURON Polska Energia consolidates and governs the TAURON Group. The Company is entered under the KRS number 0000271562 in the National Court Register maintained by the District Court for Katowice-Wschód in Katowice, 8th Commercial Department of the National Court Register. As at 31 December 2015, the share capital of TAURON Polska Energia was PLN 8,762,747 thousand and it was divided into 1,752,549,394 shares with a par value of PLN 5 per share.
At the end of 2015, the TAURON Group’s key companies, apart from the parent company, comprised 15 subsidiaries subject to consolidation. Moreover, TAURON holds, directly or indirectly, shares in another 42 companies.
The TAURON Group is one of the leading players in the Polish energy sector. The Group spans the full extent of the energy market controlling the value chain from end to end, starting with hard coal mining, through electricity and heat generation, to energy supply and sales to end users.
Moreover, the TAURON Group has joint ventures: Elektrociepłownia Stalowa Wola S.A. (EC Stalowa Wola), Elektrownia Blachownia Nowa sp. z o.o. (Elektrownia Blachownia Nowa) and TAMEH HOLDING sp. z o.o. (TAMEH HOLDING), TAMEH POLSKA sp. z o.o. (TAMEH POLSKA) and TAMEH Czech s.r.o. (TAMEH Czech), carried by the equity method in the consolidated financial statements.
The TAURON Group’s organisational structure calls for a company to head up each Business Area or segment, thereby simultaneously enabling the operation of companies established or acquired for the needs of strategic alliances, activities in international markets, identified business needs and implementation of investment projects. This model makes it possible to optimise operations along the whole value chain to maximise the margin generated by the overall TAURON Group.