The Industrial Development Agency plans to take over the Power Cable Factory from Będzin

Śliz: all state-owned companies should be depoliticized TVN24

The Industrial Development Agency is seeking to acquire a state-owned entity – Fabryka Przewodów Energetycznych, located in Będzin. This information was disclosed by the Office of Competition and Consumer Protection (UOKiK).

As per the details released on the UOKiK website, the intended consolidation involves the Industrial Development Agency (ARP), a State Treasury enterprise, assuming control over Fabryka Przewodów Energetycznych based in Będzin (FPE). Presently, the State Treasury holds all shares in FPE.

Fabryka Przewodów Energetycznych (FPE) – as noted – is a producer of copper and aluminum cables within the domestic market and is not affiliated with any capital group at this time.

In September 2024, the then-president of ARP, Michał Dąbrowski, when asked by PAP regarding the future of Fabryka Przewodów Energetycznych Będzin, acknowledged that in recent years „the factory has significantly deteriorated.” He underscored that the role of FPE Będzin in the ARP portfolio would be „considerably enhanced” and mentioned that the factory is crucial in relation to the energy transition.

Power Cable Factory, Bedzin Google Maps

ARP operations

The Industrial Development Agency aids the growth of Polish enterprises by financing investments and assisting in restructuring efforts. ARP has stakes in 76 companies, including majority holdings in 51 of these (these companies form part of the ARP Group). The primary sectors in which ARP Group companies operate include: shipbuilding, railways, metalworking, mining, foundries, packaging, textiles, tourism, modernization, and machinery construction. Additionally, ARP oversees 89 enterprises with State Treasury ownership.

ARP also administers two Special Economic Zones in southeastern Poland (Mielec and Tarnobrzeg) and owns castle and park complexes in Baranów Sandomierski and Krasiczyn (managed by the Pro Arte et Historia Foundation). As part of the Polish Development Fund Group, ARP collaborates with Polish institutions that support enterprise development.

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