PZU is not interested in new KW – Interia

1 hour. 23 minutes ago Update: 1 hr. 6 minutes ago

Investors are afraid of the New Coal Company / © 123RF / Picsel

• – To increase the profitability of the key is to increase labor productivity – said during a discussion at the European Economic Congress in Katowice Coal Company heads and KHW . more »

– In regard to emerging media information on the estimated financial commitment of the PZU Group in New Coal Company as a shareholder, we would like to inform you that we are not interested in such an investment – a spokesman wrote in a statement sent to PAP.

– In pursuing its strategy business and being an active player in the capital market, PZU Group, however, is any potential investment, ensuring an appropriate return, thereby forming value for all shareholders of PZU Group – he added.

• The relatively calm course of trading in listed among the blue chips disrupted PZU values ​​(2.42%), which plunged due to concerns about the possible involvement of the company’s capital New Coal Company. more »

Bloomberg reported on Friday, citing unofficial information that may PZU buy a minority stake in New Coal Company, and the involvement of PZU would help persuade banks to continue lending to the coal company.

OPINIONS

Janusz Steinhoff called into question the need for the appointment. New KW, that is created by Węglokoks new company, which will hit most of the assets of the current KW. – Creates a new entity, which will have huge problems with the management. If I read that the shares in the New Coal Company will include energy companies to compete, then again everyone who knows the ways of functioning of the economy, he knows that it can not go wrong – pointed b. The Minister of Economy.

I do not want us to remain in a situation in which it will state New Coal Company and privatized energy companies – marked b. Deputy Prime Minister.

He stressed that coal mining is treated primarily as a source of power supply. Hence profitable mines – from the point of view of energy security and the possibility of the emergence of synergies – should become parts of the energy companies. – Creating new entities is not the slightest justification, except that it is creating problems of future governments – Steinhoff he concluded.

• – mining problems are among the most important to solutions by the government, but the changes made in the wrong way could destabilize the economy – badly yesterday and Prof. Janusz Steinhoff. Stanislaw Gomulka from the Shadow Cabinet Economic BCC. more »

With reference to the terms that the current government is the first one in 25 years dealt with the problem of mining emphasized that it is the coalition is responsible for admission – mainly due to the lack of corporate governance – the current situation.

He emphasized also that the government of Jerzy Buzek has conducted the most difficult reform of the industry – in four years, the fastest in the world – after which she stood to her feet. In this context, he reminded that it is not government officials proclaimed the liquidation of the mines to the list, but it should be to the management company.