Thursday, January 28, 2016

Coal Company terminated the agreement guarantees employment – Polish Radio

                             The key step Coal Company restructuring, involving the transfer of 11 mines to Polish mining group, we want to close this semester, preferably in late April and early May – said on Wednesday PAP Energy Minister Krzysztof Tchorzewski.
                         

Tchórzewski told reporters on the sidelines of the conference “Changing Polish Industry” that in his opinion the current level of coal production in Poland is “optimal” from the point of view of the next 10 years a further decrease of extraction ” It is not necessary “.

During the conference, the Minister of Energy has provided, in turn, that the Polish energy sector will be primarily utilized its own raw materials and 2050. not resign from coal.

The transfer of 11 mines of KW PGG May of this year

When asked about the process of restructuring and the transfer of 11 mines of the Coal Company, which will be contributed to another entity, Tchórzewski said that this should take place on In April and May this year.

The new company will operate under the name Polish Mining Group (PGG). This name has just received Węglokoks ROW company, which belongs to the group of Katowice Węglokoks. On the question of what other entities might be involved in the new company, Tchórzewski said, “it is still too early.”

Adopted by the previous government recovery program for the mining industry assumed that the group of prospective mines Company will be brought to the Society of Financial Silesia and will act as new Coal Company. But later they abandoned the plan forward mines of Silesia.

announcement of talks with unions

Deputy Tobiszowski, participated on Wednesday in Katowice in concert inaugurating the jubilee celebrations Mining Chamber Industry and Commerce, said that in parallel with the preparations for restructuring activities will be conducted talks with mining unions.

“In the days begin talks with party leaders – preparing the program, because we have certain requirements of the so-called. investors with whom we are talking. This should be in January, at the latest at the beginning of February. We’ve got some fortifications that arise from the expectations of investors, “- said Tobiszowski.

The Minister confirmed information about Węglokoksie

Asked about the planned shareholders of PGG Deputy Minister confirmed earlier information on this subject: talking about Węglokoksie, financial investors and companies from the energy sector.

“This is what we said: entities in the energy sector, plus of course Węglokoks. They are in talks – so far in a fairly good climate – so that there is a good chance that we should compile some entities that are interested in this entry. Well, and the financial sector will also be (investors – PAP) “- announced Tobiszowski

PGG is Węglokoks. There, they hit the company with KW

Information PAP that the mines have hit the company owned 100 percent now. to Węglokoks, confirmed Tuesday the company’s president Jerzy Podsiadlo.

“We changed the name of the company Węglokoks Rybnik Mining District on the Polish Mining Group. This is called. a special purpose vehicle, which in the context of restructuring actions to be brought in 11 mines Company “- told PAP Podsiadło.

warned that it was difficult to talk about specific dates bring the mines to the company; rating, however, that the real, though nieprzesądzonym deadline is the end of the first quarter of this year.

He said that the new name has already been registered in the National Court. For now the sole owner of the entity, which is a limited liability company, is Węglokoks. Podsiadło not revealed what may be the proportion of shares after bringing to the company’s mines Company and who else may be involved in this project.

The company Węglokoks ROW was established in the previous., When – in the framework of the restructuring of mining – assumed that Węglokoks take over from the Company mines Rybnik coal basin Marcel, Rydułtowy-Anna, Jankowice Chwałowice. Later it was found that these plants, along with other prospective mines will go to the so-called KW. New Coal Company.

The work on the recovery plan KW

Today ends the work on the revised recovery plan Coal Company. Company spokesman Thomas Głogowski estimated that administration of the details of the adaptations it would be premature for the time being. He confirmed that one of the basic elements of the program is still bringing 11 mines to the company, it will not Silesia Financial Company.

In December last. The minister Tchórzewski confirmed that 11 mines Company will not hit the TF Silesia He noted, however, that Silesia is one of the shareholders of the new company. Deputy Minister Wojciech Kowalczyk stated that the Company may be a minority shareholder. The company next Węglokoks, they could also engage other investors; in the media appeared information about possible involvement in the project of energy.

Coal Company is the largest Polish mining company

Coal Company is the largest mining company in the coal; at the end of last year. year employed more than 34.4 thousand. people, including more than 25.7 thousand. underground. In 2015. He gave some mines along with their more than 11-thousand. crew to the Company Restructuring of Mines and buying it. The company is affected by the crisis in the coal market; the first half of the previous. year, her loss exceeded 750 million zł. The results for the previous year are not yet known.

PAP, jk

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