April 19 (Reuters) – Polskie Gornictwo Naftowe i Gazownictwo SA:

* SAYS UNIT PGNIG VENTURES HAS ACQUIRED SHARES IN POLAND-BASED ELECTRIC VEHICLE CHARGER MANUFACTURER ENELION

* FIRST STAGE OF INVESTMENT IS WORTH 2.5 MILLION ZLOTYS AND TOTAL MAY REACH 6 MILLION ZLOTYS

* ENELION PROVIDES A RANGE OF SOLUTIONS INCLUDING SMART ELECTRIC VEHICLE CHARGERS, A SYSTEM FOR MANAGING CHARGER NETWORKS, TARIFF PLANS AND PAYMENTS, AND A MOBILE APP FOR EV DRIVERS

* THE MAXIMUM INVESTMENT TIME HORIZON IS FIVE YEARS

* ENELION TARGETS BUSINESS CUSTOMERS, INCLUDING ENERGY COMPANIES, LOCAL GOVERNMENTS, BUILDING MANAGERS AND CAR DEALERS, AS WELL AS RETAIL CUSTOMERS

* ENELION AIMS TO INCREASE PRODUCTION FROM THE CURRENT 400 TO MORE THAN 5,000 AC UNITS PER MONTH IN 2025 AND GROW EXPORTS TO THE US, CANADA, EASTERN EUROPE, SOUTH AMERICA, THE MIDDLE EAST, AND AFRICA

Source text: https://bit.ly/3uWuOEA

Further company coverage: (Gdansk Newsroom)

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