Olga Grygier

"Such a coalition would be good for the whole Polish economy and the energy sector in particular," Olga Grygier, a partner at PricewaterhouseCoopers' Warsaw office told EU Energy.
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"Only two companies have been privatized and 80% of distribution companies are in state hands, so the state owned companies are not prepared for competition from the EU giants, such as Eon, EDF and RWE," Grygier said."People in the Polish industry are actually aware that significant restructuring is needed but it is very difficult when your owner is the state."Nevertheless, the present government has done much to get the ball rolling, she said, particularly regarding privatization."Over the last 12 months we've noticed that there is a change in approach for investors and strategic investors and the proportion is increasing."

Fragmentation weakens power sector

The electricity sector has suffered from the former government's decision to separate generation from distribution along the lines of the UK model in the early 1990s, Grygier said.
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"It is difficult to show banks there will be sustainable cash flows," agreed Grygier.
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Grygier calculates that Poland will need roughly 5GW of new capacity over the next five years."Poland has an approximate total generation capacity of 33GW and has an operating capacity of around 25-29GW," she told EUE.
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They are not thinking about investment in infrastructure," said Grygier.

Olga Grygier has joined the Polish Pricewaterhouse-Coopers team.

Olga Grygier has joined the Polish Pricewaterhouse-Coopers team.Olga was born in Poland and lived in the UK for the last 23 years.She has been with the firm since 1991, recently as partner in the Corporate Finance Energy Team in London. In her new role, Grygier will lead PwC's Advisory Division in Poland.She has extensive experience in advising governments and leading international corporations from energy and infrastructure sectors through privatization, M&A activity and restructuring.She also has considerable experience in advising on PPP projects in Great Britain and Central Europe.She is a fellow member of the Institute of Chartered Accountants in England and Wales. Olga Grygier is married with two children.In her leisure time she likes to spend as much time as possible with her children and with husband Jonathan.She also enjoys skiing and practicing yoga.

Jaroslw Figiel has been appointed Corporate Programs Regional Sales Manager at Lynka Promotional Products.Previously, Jarek worked for ESI Polska as director of the southern region.He also worked for Coca-Cola Beverages Polska, where he successfully filled different positions connected with sales management.