Polish Energy Trader to Expand in Central Europe
From Business Recorder
Poland’s KI Energy Trading plans to take advantage of greater regional market integration by expanding its power trading into Germany, the Czech Republic and Slovakia, the company said on Monday.
The company, which is ultimately owned by Poland’s richest man Jan Kulczyk through his Polenergia business, said that it has hired a number of traders who previously worked for Sweden’s Vattenfall.
The Swedish power group withdrew from Poland after it sold its assets to Polish utilities Tauron and PGNiG .
KI Energy Trading’s decision comes as Poland looks to join its power markets with those of the Czech Republic, Slovakia and Hungary, which combined their day-ahead markets in September.
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