PZU insures ENEA POLANIEC Power Plant, ranked second in the energy market

20 April 2017 — Daniela GHETU
PZU became the insurer of ENEA POLANIEC Power Plant (March 2017-mid-2018), providing the best offer for property insurance and loss of profits, civil liability and terrorist risks.

ENEA, for ca. PLN 1.26 billion, purchased POLANIEC Power Plant, which during the recent years has undergone a ca. 1.5 billion worth of an intensive modernisation programme, increasing thus the share in the energy generation market from 9 to 14 per cent. POLANIEC Power Plant is one of the younger system power plants in Poland and the biggest object of this type in south-east Poland. ENEA POLANIEC Power Plant is insured by PZU.

"The contract with PZU guarantees obtaining tangible benefits due to the comprehensive insurance programme tailored to the needs of Polaniec Power Plant" says Mikolaj FRANZKOWIAK, vice-president of Enea for financial affairs.

Katarzyna GRYSINSKA, strategic client director in PZU:"PZU for many years has been a very close insurance partner for Polish companies, both small entities, and the giants of the Polish economy. We have been servicing the largest Polish enterprises from the energy, fuel, mining, chemical, marine sectors and other branches of the Polish industry. We are the leader on this market with annual turnover totalling to PLN 2.2 billion, which means that the very scale of cooperation with Polish companies would guarantee the position of the fourth insurance company in Poland to PZU's corporate client division. The most important philosophy of our operations is however not the issue of the scales of our business, but the partnership and consulting on the risks of conducted business operations on all the stages of cooperation with companies. It allows us for ensuring the position of the safety guarantor and continuation of business operations, not only in the period of prosperity but also in unexpected and undesirable circumstances. As an insurer and adviser we secure against these risks."

Enea Group is a vice-leader of the Polish power market as regards electricity. It manages the complete value chain on the electricity market: from fuel, through electricity generation, distribution, sales and Customer service. It is responsible for safe supplies of energy to 2.5 million customers.


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