Polskie Gornictwo Naftowe i Gazownictwo Company Profile - Aug 31, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Polskie Gornictwo Naftowe i Gazownictwo
                                                                                         440 Wheelers Farms Road
                                                                                         Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Polish New Zlotys

                                 Wright Quality Rating:BAL6                                  Key Data

   PGNiG SA (Polskie Gornictwo Naftowe i Gazownictwo SA) is a Poland-based company           Ticker:
   operating in the oil and natural gas market. The core activity of the Company covers      PGN
   exploration and production of natural gas and crude oil as well as import, storage,
   trade and distribution of gas and liquid fuels. Apart from exploiting gas from its own    2010 Sales:
   domestic source, PGNiG SA imports it from Russia, Germany and other countries. It
                                                                                             21,281,161,000
   also produces gas and oil derivatives, helium, nitrogen, sulfur, liquid gas and others.
   Its products are distributed both to industrial and individual clients. As of March 31,
   2010, PGNiG SA, as the parent undertaking, and 34 production and service                  Major Industry:
   companies, including 27 subsidiaries and seven indirect subsidiaries, formed a capital    Utilities
   group. The Group sells its product mainly to such countries as, Switzerland,
   Kazakhstan, India, Germany, Uganda, Pakistan, Czech Republic, Libya, Belgium,             Sub Industry:
   Ukraine, Slovenia, Russia, United Arab Emirates, Thailand, Slovakia, Mozambique and       Natural Gas Companies
   others.
                       Stock Chart                                   Officers                Country:
                                                                    Chairman                 Poland
                                                                Stanislaw Rychlicki
                                                                                             Currency:
                                                                    Chairman
                                                                                             Polish New Zlotys
                                                                  Michal Szubski

                                                                                             Fiscal Year Ends:
                                                          Vice Chairman, Supervisory
                                                                    Board                    December
                                                                 Marcin Moryn
                                                                                             Employees
                                                                Vice Chairman                32,716
                                                               Radoslaw Dudzinski
                                                                                             Exchanges:
                                                                 Vice Chairman               WAR
                                                                 Marek Karabula
                                                                                             Share Type:
                                                                                             Akcje

                                                         
								
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