Thursday, April 14, 2016

Węglokoks wants to take Katowice Coal Holding – Interia

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– We are trying to take over KHW . In our opinion, if there were to bring in total assets KHW to Węglokoks is Węglokoks as a strong business group, with a strong production base, as well as part of the steel would be an attractive object for stock market investors – said the PAP Podsiadło.

– in my opinion, the real would then Węglokoks IPO next year – he added.

Deputy Minister of energy and government plenipotentiary. restructuring of coal mining Grzegorz Tobiszowski reported recently that Węglokoks prepares its bid for involvement in KHW. Ultimately, the holding and belonging to the group Węglokoks company Węglokoks Country could be combined. For Węglokoks Country are two bought last year from Coal Company mines: Bobrek and Piekary, then combined into a single facility.

The willingness to invest in KHW also expressed earlier Enea. According Tobiszowskiego decisions on the fate of KHW should be adopted by June this year.

Recently, Deputy Minister of Energy Grzegorz Tobiszowski. He estimated that KHW support is needed 400-500 mln zł. KHW employs about fourteen thousand miners and has four coal mines: Myslowice-Merry, Murcki-Staszic,

In the evening, and uncle, and is one of the three largest coal companies in Poland. Concern Węglokoks already last year engaged in mining rescue.

From Coal Company bought two mines for nearly 140 million zł. In addition, he committed to co-create a new company – Polish Mining Group. There have hit other mines. For this acquisition a year ago Węglokoks paid KW advance payment of 500 million zł.

Source: IAR / PAP / INTERIA

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