Tusk speaks, PGE's course sharply down

During Tuesday's speech during the European Forum of New Ideas, the head of government said that he had a “difficult” meeting with managers of the largest strategic energy companies of the Treasury, during which – as he added – “all these dilemmas we have faced as a Polish state, Polish entrepreneurs and Polish companies” were revealed.

Donald Tusk He stated that the first task of the state manager, even if he is at the forefront of the stock market company, e.g. in the case of an energy company is ensuring energy security for the Polish stateensuring as cheap as possible, universal energy to Polish families, households and entrepreneurs, and “not necessarily maximizing the profits of the State Treasury company”.

– If it was only maximizing the state treasury profit, then why the state in such a company – added Tusk.

“(On Tuesday – ed.) Power companies lose heavily, and the causes of the negative sentiment of investors towards this industry can be sought in the morning statements of Prime Minister D. Tusk, who stated that maximizing profits should not be a priority in the case of state -owned companies” – wrote Arkadiusz Banaś in the afternoon commentary for PAP.

Shortly after the prime minister's speech (after 10 o'clock), the WIG-Energia stock index scored a decrease by over 7 percent. up to 2770.69 points The course of Tauron in this index fell by more than 8 percent, PGE lost 6.5 percent, the Enea exchange rate reduced by 2.8 percent. At that time, WIG20 grew by about 1.4 percent.

Around 15.30 WIG-Energia fell by 5.72 percent. Tauron lowered by 6.46 percent, PGE reduced by 9.59 percent, and Enea by 1.13 percent.