Polish trading license awarded

Eastern Group of the UK has been awarded an electricity trading license in Poland. The integrated electricity and gas company was granted the license in late March by the Urzad Regulacji Enerjetyki.

The move is a further boost to Eastern`s European ambitions. As in the rest of Europe, Poland`s electricity market is rapidly liberalizing with part of the trading market now opening and the first privatizations expected later this year. Poland is also the largest market in central Europe and the country is planning to join the European Union within three or four years.