TAURON Polska Energia S.A. Capital Group (the “Group”, the “Capital Group”, “TAURON Group”) consists of TAURON Polska Energia S.A. (the “parent entity”, the “Company”, the “Parent Company”) and its subsidiaries. TAURON Polska Energia S.A. with its registered office in Katowice at: ul. ks. Piotra Ściegiennego 3, in Poland, operates as a joint-stock company, incorporated by notarial deed on 6 December 2006. Until 16 November 2007, the Company operated under the name Energetyka Południe S.A. The company did not change its name or other identifying information in the year ended 31 December 2020.
The Parent Company is entered in the register of entrepreneurs of the National Court Register maintained by the District Court for Katowice-Wschód, Commercial Department of the National Court Register under KRS number: 0000271562.
The duration of the Parent Company and entities included in the Capital Group is unlimited. The entities operate based on relevant licenses granted to individual companies of the Group.
The TAURON Group’s core business is reflected in the breakdown into segments: Mining, Generation (the segment comprising generation of electricity from conventional sources), Renewable Energy Sources (the segment comprising generation of electricity from renewable energy sources), Distribution, Sales and other operations, including customer service, which is discussed in more detail in Note 10 to these consolidated financial statements.
These consolidated financial statements of the Group cover the year ended 31 December 2020 and contain comparative information for the year ended 31 December 2019.
These consolidated financial statements were approved by the Management Board for publication on 29 March 2021.
Composition of the Management Board
As at 1 January 2020, the composition of the Management Board was as follows:
- Filip Grzegorczyk – President of the Management Board,
- Jarosław Broda – Vice-President of the Management Board,
- Marek Wadowski – Vice-President of the Management Board.
On 14 July 2020, the Supervisory Board dismissed all members of the Management Board of the Company in its former composition, with effect as of the end of 14 July 2020:
At the same time, the Supervisory Board of the Company appointed on 15 July 2020 the Management Board consisting of:
- Wojciech Ignacok – President of the Management Board,
- Jerzy Topolski – Vice-President of the Management Board,
- Marek Wadowski – Vice-President of the Management Board.
After the balance sheet day, on 28 February 2021, Mr. Wojciech Ignacok resigned from his position of the President of the Management Board of TAURON Polska Energia S.A. On 24 February 2021, the Supervisory Board of the Company adopted a resolution entrusting Mr. Marek Wadowski with the duties of the President of the Management Board of the Company from 1 March 2021 until the date of appointment of the President of the Management Board.