July 1, 2022

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The block contractor in Jaworzno is on the ice again.  "Now a political game incomprehensible to us is going on."

The block contractor in Jaworzno is on the ice again. “Now a political game incomprehensible to us is going on.”

Rafaco’s decision to breach the agreement with potential investors surprised the market. The management of the company specializing in energy investments wanted to find an investor. Willing people, however, have been missing for a long time. Just In October 2021, both Polimex Mostostal and PFR TFI announced their involvement in Rafaco. These are companies that are indirectly controlled by the state treasury. At stake was the completion of the overhaul of the coal-fired unit at the Jaworzno Power Plant – one of the largest power generation units in our country, which has been in failure since June 2021.

Rafako said in an official statement The reason for withdrawing from the agreement is a dead end in the investor process. The company’s president, Radosław Domagalski-Łabędzki, revealed more details in an interview with Business Insider.