All eligible Boryszew Group companies have received positive administrative decisions from the President of the Energy Regulatory Office on their applications for granting compensation under the energy-intensive industries compensation scheme for the year 2020.

The compensation granted to Boryszew Group totalled PLN 15.8 million, which will go to the Group's companies operating in the steel, non-ferrous metals and chemical sectors.

The amount obtained by Boryszew Group constitutes approx. 1.8% of the total budget allocated to Poland under the energy-intensive industries compensation scheme for the financial year 2020.

The aim of the compensation scheme for energy-intensive industries is to help companies active in these sectors maintain their competitive position and reduce the relocation risk outside the region due to high indirect costs of carbon emissions.

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Boryszew SA published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 09:46:02 UTC.