Sunday, February 22, 2015

“The Republic”: Costly consequences of submission to the miners – Virtual Poland

"The Republic": Costly consequences of submission to the miners – Virtual Poland

Over 5 billion zł devour the restructuring of the mining industry, of which the lion’s share will come from taxpayers’ money – reports “Rzeczpospolita”.
 

With the wave of protests coal mining industry went through a kind of earthquake. This led to a huge cost – for the mining companies and the state budget. Most pay for rescue Coal Company (KW). Originally extinguished were to be four of the 14 kompanijnych mines. Cost: 2.3 billion zł. And although the government argued that it was the only chance to avoid bankruptcy KW, after protests from miners pulled out of these declarations.

Finally, can only be dimmed traffic center in one of the mines. The remaining three plants that reach Mine Restructuring Company (SRK) and where you will be restructured, will be communicated to investors – most likely state-Tauron and Węglokoks. In this way, the cost of the recovery plan could rise by as much as ten percent.
 

At the end of last year, it had to be extinguished Kazimierz-Juliusz mine belonging to KHW. After protests by miners changed plans. Department went to SRK, for which 280 million zł provided from the state budget on debt reduction and its slow mine liquidation.
 

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