Wednesday, January 28, 2015

First private mine closed Siltech 2014. On a small … – Pulse of Business

First private mine closed Siltech 2014. On a small … – Pulse of Business

In the past year, the company, which employs just 180 people, extracted and sold over 170 thousand. tons of coal. Positive financial result for the previous year is one of the exceptions in the Polish hard coal mining. The most important coal companies for months powerful loss record.

“It was fortunate that we were able to take advantage of the economic situation. Rather than consume the profits realized the necessary investments, which today allows us to function effectively, despite considerable difficulties in the market “- said the president of ZG Siltech Jan Chojnacki.

Last year, Zabrze mine ended implemented for several years investment program – construction called. conveying declines, which tysiącmetrowego pavement surface infrastructure connecting the mine pits. A conveying declines is much simpler and does not require the number of specialists.

Since July last year, coal production and transport of people and materials is carried out only by the sidewalk . Thus, after 13 years of the lease ended shaft Siltech Staszic belonging to the Company Restructuring of Mines, which resulted in a reduction of the workforce (30 people branch of the shaft).

“Apart from this, we have almost every day to optimize their operations to function effectively. We constantly wondering where to something close, and where to open or increase, or may reduce employment. Of course, these actions are not taken spontaneously, but are preceded by the analysis “, – noted Chojnacki.

The company plans in 2015. Further reduction in output and employment – at that time part of the crew will have acquired rights. Planned production is expected to reach approx. 160 thousand. employment tonnes at approx. 160 people. Zabrzańska mine wants to keep the performance indicator level thousand tons per employee.

Chojnacki noted that coal prices still falling, and customers have accumulated considerable stocks of raw material.

The goal is to close the ZG Siltech the year without a loss. “If, however, prices will continue to fall in the rate as currently, it is possible that in a few years we will have to close down, but we still have coal reserves for at least five years. However, if coal prices go up, we will expand our resources to other areas of the former mine Pstrowski “- said the president.

Siltech is one of the few Polish mining companies which closed last year profit (after the third quarter over zł 170 million net profit was Lublin Bogdanka). The largest mining companies record huge losses, for example. Employs approx. 35 thousand. people holding company JSW (JSW) after three quarters of last year recorded a loss of 302 million zł. Full-year result will also be negative, whereas in 2011. Group had zł 2 billion profit. On Wednesday, JSW mines began to strike.

The Board KHW announced in mid-January that without the implementation of the recovery plan, the company will lose liquidity in April. Mines in crisis rescue Coal Company has a recovery plan, signed on 17 January by trade unionists and representatives of the government.

Siltech Mining Plant is the first private coal mine in Poland. It commenced its operations in 2002, operates a bed after the mine closed years ago Pstrowski. In the same year, the first ton of coal mined. The basic scope of activity is the extraction of coal and its sale to domestic customers. The offer is also conducting Siltech ogólnogórniczych works.

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