The PGNiG Group
Structure of the Group
As at the end of 2013, the PGNiG Group comprised PGNiG (the parent) and 30 production and service companies, including:
- 22 direct subsidiaries, and
- 8 indirect subsidiaries.
Changes in the Group structure
- On January 2nd 2013, the Extraordinary General Meeting of BUD-GAZ PPUH Sp. z o.o. resolved to wind up the company and place it in liquidation.
- On February 1st 2013, a merger of PGNiG Poszukiwania SA (now Exalo Drilling SA) with PNiG Kraków SA, PNiG NAFTA SA, PNiG Jasło SA, PN Diament Sp. z o.o. and ZRG Krosno Sp. z o.o. was effected and registered with the National Court Register. PGNiG Poszukiwania SA’s name was changed to Exalo Drilling SA, and the change was registered with the National Court Register on February 6th 2013.
- On May 23rd 2013, an amendment to the Articles of Association of PGNiG Norway AS, involving a change of the company name to PGNiG Upstream International AS, was registered with the National Court Register.
- On April 15th 2013, INVESTGAS SA acquired 307 shares in Ośrodek Badawczo-Rozwojowy Górnictwa Surowców Chemicznych CHEMKOP Sp. z o.o., following which INVESTGAS SA’s interest in the company’s share capital increased from 85% to 85.51%.
- On May 14th 2013, the General Meeting of Biogazownia Ostrowiec Sp. z o.o. resolved to wind up the company and place it in liquidation.
- On July 1st 2013, a merger was effected pursuant to Art. 492.1.1 of the Commercial Companies Code between PGNiG SPV 4 Sp. z o.o. (the acquiring company) and six gas distribution companies (target companies), i.e. Mazowiecka Spółka Gazownictwa Sp. z o.o., Wielkopolska Spółka Gazownictwa Sp. z o.o., Karpacka Spółka Gazownictwa Sp. z o.o., Pomorska Spółka Gazownictwa Sp. z o.o., Dolnośląska Spółka Gazownictwa Sp. z o.o. and Górnośląska Spółka Gazownictwa Sp. z o.o. As a result, the share capital of PGNiG SPV 4 Sp. z o.o. increased by PLN 10,453,211,550, to PLN 10,454,206,550. The merger and the share capital increase were registered with the National Court Register on July 1st 2013. PGNiG SPV 4 Sp. z o.o.’s name was changed to Polska Spółka Gazownictwa Sp. z o.o., and the change was registered with the National Court Register on September 12th 2013.
- On July 1st 2013, a merger was effected pursuant to Art. 492.1.1 of the Commercial Companies Code between Operator Systemu Magazynowania Sp. z o.o. (the acquiring company) and INVESTGAS SA (the target company). As a result, the share capital of Operator Systemu Magazynowania Sp. z o.o. was increased by PLN 10,290,000, to PLN 15,290,000. The merger and the share capital increase were registered with the National Court Register on July 1st 2013.
- On July 23rd 2013, a merger was effected pursuant to Art. 492.1.1 of the Commercial Companies Code between PGNiG (the acquiring company) and PGNiG Energia SA (the target company), without increasing the acquiring company’s share capital. The merger was registered with the National Court Register on July 23rd 2013.
- On August 22nd 2013, the Extraordinary General Meeting of Polskie Elektrownie Gazowe Sp. z o.o. resolved to wind up the company and place it in liquidation.
- On October 31st 2013, a new company under the name of PGNiG Obrót Detaliczny Sp. z o.o. was established. The company’s share capital is PLN 1,000,000 and comprises 10,000 shares with a par value PLN 100 per share. PGNiG holds a 100% equity interest in PGNiG Obrót Detaliczny Sp. z o.o. The new company was registered with the National Court Register on December 3rd 2013.
- On November 21st 2013, a new company under the name of PGNiG SPV 5 Sp. z o.o. was established. PGNiG holds a 100% interest in PGNiG SPV 5 Sp. z o.o.’s share capital (PLN 250,000; 2,500 shares with a par value of PLN 100 per share). The new company was registered with the National Court Register on December 13th 2013.
- On November 21st 2013, a new company under the name of PGNiG SPV 6 Sp. z o.o. was established. PGNiG holds a 100% interest in PGNiG SPV 6 Sp. z o.o.’s share capital (PLN 250,000; 2,500 shares with a par value of PLN 100 per share). The company was registered with the National Court Register on December 11th 2013.
- On November 21st 2013, a new company under the name of PGNiG SPV 7 Sp. z o.o. was established. PGNiG holds a 100% interest in PGNiG SPV 7 Sp. z o.o.’s share capital (PLN 250,000; 2,500 shares with a par value of PLN 100 per share). The company was registered with the National Court Register on December 9th 2013.
Material changes in the PGNiG Group structure in Q1 2014
On January 20th 2014, GEOFIZYKA Toruń SA reported that its subsidiary, PT Geofizyka Toruń Indonezja LLC w likwidacji (in liquidation) was deleted from the business register after the company liquidation process had been completed.
Consolidated Companies of the PGNiG Group
