Monday, September 8, 2014

Private mines crisis is not terrible. Inamorata, Siltech and … – Forsal.pl

Private mines crisis is not terrible. Inamorata, Siltech and … – Forsal.pl

Coal Company, JSW and Katowice Coal Holding. What links these three companies? All are controlled by the State Treasury, and all recorded disastrous financial balance after the first half of this year.

But it turns out that the crisis that is draining the budgets of the largest state-owned mines, while spared smaller private players – we read in “Rzeczpospolita”.

For many years one of the most profitable Polish Lublin Coal mine remains Bogdanka. Only in the first half of 2014 years, the company generated more than 91 million profit. Contrary to popular belief profitable plants can also be found in Silesia. Here are distinguished primarily Siltech Mining Plant and Mining Company Silesia.

Why private companies are doing better than the state behemoths? “Rom” stresses that a key role here taking care of a reasonable level of labor costs. While in the state JSW they amount to as much as 43 percent. all costs, Bogdanka represent only 27 percent. expenditure.

& gt; & gt; & gt; Read more in “Rzeczpospolita”

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