page_title: PGE Polska Grupa Energetyczna
section_title: History
hierarchical_section_title: PGE Polska Grupa Energetyczna / History
caption_attribution_description: Polski: Tomaszów Mazowiecki w województwie łódzkim, PL, EU. Tomaszowski oddział Polskiej Grupy Energetycznej (PGE). CC0
context_page_description: PGE Polska Grupa Energetyczna S.A. is a state-owned public power company and the largest power producing company in Poland. PGE is listed on the Warsaw Stock Exchange and is a constituent of the WIG30 index.
  The group is largely controlled by the Polish State Treasury who as of 9 July 2014 owns 58.39% of the public limited company. In addition to the activities of its core businesses of central and holdings companies in the generation and distribution of electricity, the group also trades electricity and other relevant products on the market. The total company revenue for 2015 was 28.542 billion złoty and the company made a net income loss of 3.032 billion złoty.
context_section_description: The PGE Group was founded as Polskie Sieci Elektroenergetyczne S.A. (translates as Polish Electrical Power Lines S.A.) in 1990. In 2007 the Transmission System Operator division (PSE-Operator) was separated from the PSE S.A. group. On 9 May 2007 Polska Grupa Energetyczna was established by the merger of PSE, PGE Energia SA and BOT Górnictwo i Energetyka S.A.
  6 November 2009 IPO in Warsaw Stock Exchange.
  19 March 2010 included to WIG20.
caption: Branch of PGE in Tomaszów Mazowiecki (Łódź Voivodeship)
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