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UniCredit raised the recommendation for Enea to "Buy"

In the report of 18 November analysts of UniCredit Poland increased the recommendation for ENEA to “Buy” from “Hold”, formerly. The target price was increased to PLN 20.40 from PLN 15.00.

Key factors testifying of the Company’s investment attractiveness include e.g.:

  • cost restructuring programme, which will allow for cost reduction by ca. PLN 500 mln until 2016,
  • new unit in Kozienice with the capacity of 1,075 MW, which will increase the Groups’ capacity by over 30%,
  • investments in development of RES, cogeneration and heating networks.

Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.