Letter from the President of the Management Board
Last year it was the PGNiG Group’s revised strategy that provided direction and focus to all our efforts. In revising the strategy, not only did we modify the existing strategic initiatives in key business areas, but we also added several new projects.
In 2017, we aim to solidify our position in the domestic and European energy markets.
Piotr Woźniak
President of Management Board
Last year it was the PGNiG Group’s revised strategy that provided direction and focus to all our efforts. In revising the strategy, not only did we modify the existing strategic initiatives in key business areas, but we also added several new projects.
Piotr Woźniak
President of Management Board
Letter from the Chairman of the Supervisory Board
In 2016, the PGNiG Management Board faced the need to take decisions critical to the future positioning of the business. It was also a period of intensive work for the Supervisory Board, who provided opinions on numerous proposals put forward by the Management Board.
Bartłomiej Nowak
Chairman of the Supervisory Board
In 2016, the PGNiG Management Board faced the need to take decisions critical to the future positioning of the business. It was also a period of intensive work for the Supervisory Board, who provided opinions on numerous proposals put forward by the Management Board.
Bartłomiej Nowak
Chairman of the Supervisory Board
STRATEGY
The new strategy for 2017-2022 in response to a number of changes in the external and internal environment of the PGNiG Group based on 7 key business areas.
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Our business model
Natural gas production
by the PGNiG Group
by the PGNiG Group
PGNiG Group’s gas sales volumes
by customer group (bcm)
by customer group (bcm)
Length of network (excluding service lines) and number of gas customers
Heat and electricity sales volumes from own generation sources
net profit
2 349 m PLN
2 349 m PLN
Up to 50% of consolidated net income payment in 2015-2022 as dividend taking into account current financial standing of the PGNiG Group and its investment plans
market capitalisation
32.5 bn PLN
32.5 bn PLN
4th the largest company on WSE with 25.5 PLNm average daily turnover
Employees
We are one of the largest employers in Poland. PGNiG Group employs individuals with extensive experience and high qualifications, but is also the first employer for many young people.
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Environmental protection
Our operations have some impact on the natural environment. However, the PGNiG Group strives to mitigate to the highest extent possible the adverse impact of its operations on the environment.
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Ethics
The ethics programme in place aims to ensure ethical conduct and strengthen PGNiG’s corporate culture by identifying behaviours the Company wants to encourage, as well as those that are not tolerated in the organisation.
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Sponsorship and charity
For many years, PGNiG Group has been involved in a wide range of sponsorship activities. In November 2004, the Company established the PGNiG Ignacy Łukasiewicz Foundation, of which it is the sole founder and donor.
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