Elektrim SA, is a Polish

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( ...

trading since 1992 on the

Warsaw Stock Exchange The Warsaw Stock Exchange (WSE), pl, Giełda Papierów Wartościowych w Warszawie, is a stock exchange in Warsaw, Poland. It has a market capitalization of PLN 1.05 trillion (EUR 232 billion; as of December 23, 2020). The WSE is a member of the ...

, and is the result of the privatization of the former PHZ Elektrim. In the first period after privatization, Elektrim SA conducted very extensive and diversified activities through more than 140 associated companies (with businesses ranging from turbines to agricultural production), but this activity was reorganized from 1999. Elektrim SA operates essentially as a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

. Its most valuable assets ( Elektrim Telekomunikacja, Zespół Elektrowni Pątnów-Adamów-Konin) are separate entities (companies), to a significant extent, however, supported financially by the parent (by way of

shareholder loan Shareholder loan is a debt-like form of financing provided by shareholders. Usually, it is the most junior debt in the company's debt portfolio. On the other hand, if this loan belongs to shareholders it could be treated as equity. Maturity of shar ...

s, guarantees, and safeguards provided for the assets of the parent). Elektrim Group employs several thousand people (of whom 48 are employed directly at Elektrim SA). Elektrim SA holds directly 0.39% of ZE PAK shares, and through its subsidiary Embud, an additional 1.16%. Embud also owns 9.08% of shares in Cyfrowy Polsat.

References

Energy companies of Poland Holding companies of Poland Telecommunications companies of Poland Companies based in Warsaw {{Poland-company-stub