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Privatisation contract with ZEC Wybrze¿e was signed on 1st August 2002. The investor took 45% of capital of both companies and at the same time committed to buying from Ministry of Treasury next shares, invest at least 17 million z³ (within 42 months) and increase the capital of companies by at least 17 million z³ (within 42 months from the end of guaranteed investment). On 30th December 2002 the investor took 4.99% of shares of both companies. On 8th May 2003 the investor took the next packet of 10 % of shares of both companies for 10.5 million z³.On 16th July EC Toruñ S.A. took over EC Energotor-Toruñ S.A. Currently exists only one company Elektrociep³ownie Toruñ with a seat in Torun.EC Toruñ intends to end production of energy in Energotor. The decision about closure is to be taken in 2005.As Ministry of Treasury is going to sell possessed shares, the investor can be exempted from increasing the capital.