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WSE WEEKLY MARKET SUMMARY

• Monthly summary - 12.2008

The year 2008 is over. One feels tempted to add, fortunately. Hopefully, nothing in the near future will match last year’s events. The developments in the USA and on many other stock exchanges were comparable to what transpired in 1930 (when the DJIA fell by a third) and 1931 (when it fell by half). In 2008, the index lost up to 50 percent during the year. It was also the worst year in the 17-year history of the WSE.
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ENERGY SECURITY

Working in Olkiluoto

In the past we spared no effort to ensure that our company’s foundations were healthy. Today our market position is enviable and we have diversified our operations. Our financial standing is also good.

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Harnessing wind power

T M L Energy Ltd (T M L Energy Sp. z o.o.) was founded as a unit specializing in wind energy projects. The company is based in Konin and operates countrywide.

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Toward safe CO2 storage

The following is a look at the Polish National Programme „Assessment of formations and structures for safe CO2 geological storage, including monitoring plans” undertaken by the Polish Geological Institute

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Every product unique

„Our biggest pride is our construction office, we also like to seek out technological novelties. Fifteen years ago our Diesel generator sets had an average power of 250 kW, today it is 500-600 kW. Our first biogas sets were 100-150 kW strong, today we offer 350 kW”, Jan Koblak, head of the Horus-Energia Ltd (HORUS-ENERGIA Sp. z o.o.) generator set manufacturer, tells Polish Market’s Jerzy Bojanowicz.

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Polish Association of Renewable Energy

The Polish Association of Renewable Energy (SEO) was established on February 12, 2001 in Warsaw.
It started off as an “Association for the support popularization and promotion of renewable energy sources and the development of energy companies in Poland: Energy – Media – Initiative”.

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Mines Methane Drainage Enterprise ZOK Ltd.

Zakład Odmetanowania Kopalń ZOK Sp. z o.o. is Poland’s largest company providing complete methane drainage services in hard coal mines, developing methane drainage technologies, designing and building methane drainage facilities and equipment, providing underground drilling services and dealing with research associated with evaluating and eliminating methane-related hazards. The company’s core business is demethanation from rock mass in hard coal mines as the most effective method to eliminate safety hazards methane poses to miners and obtain an environment-friendly fuel for industrial purposes. >>

Polyester-glass pipes

“PLASTON-P” is a leader on the Polish market in producing polyester-glass pipes and sections (GRP) for the mining industry including hard coal mines with high methane danger. During its 10 years operations the company has produced several hundred kilometres of pipes for methane-removal and water systems with internal thermoplastic (PVC) linings, including preinsulated versions to construct air-conditioning pipelines. These pipes are used in most Polish hard coal mines as well as in metal ore extraction. >>

An unprecedented exhibition

World Mining Exhibition MINING EXPO, which is an integral part of the 21st World Mining Congress in Cracow, will be held from 9 – 12 September, 2008. 270 exhibitors will promote their companies in Expo Silesia, which is a modern exhibition building in Sosnowiec. Companies from the mining sector in Australia, India, Iran, Mozambique and Turkey will exhibit in Poland for the first time. There will be 22 countries represented practically from every country. >>
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