PGE Group places particular emphasis on the timely execution of payments. Payment terms are consistent with contractual provisions. To prevent payment delays, most companies have implemented control mechanisms and ongoing monitoring of documents being processed, as well as of the payments themselves.
There is no single standard payment term across PGE Group – different terms apply depending on the contract, all of which comply with the requirements of the Act on counteracting excessive delays in commercial transactions and d not exceed 30 days from the date of receipt of a correctly issued invoice. The finance and accounting systems currently in use across the PGE CG do not allow for information to be broken down by micro, small, medium or large enterprise.
One of the PGE CG companies (ENESTA sp. z o.o. in restructuring) is undergoing restructuring proceedings and has overdue liabilities towards contractors, which are included in these proceedings and listed in the National Register of Debtors. The company is currently fulfilling its obligations on time.
Sixteen companies within the PGE CG are legally required to submit a report on payment terms used in commercial transactions for 2024, under the Acton counteracting excessive delays in commercial transactions. A further three companies, although not legally obliged, have opted to submit this report as well. In 2024, 25 court proceedings concerning payment delays were conducted. As of the date of this Statement, it is not possible to report on payment backlogs, as the statutory deadline for submitting information to the relevant Ministry falls after the publication of this Statement.