Kowalczyk want to restrict in 2015. Coal production costs … – Virtual Poland

Kowalczyk want to restrict in 2015. Coal production costs … – Virtual Poland

The purpose of the board is to reduce the Coal Company in 2015. Coal extraction costs from 300 to 200 zł per tonne – told journalists the Government Plenipotentiary. Wojciech Kowalczyk mining restructuring. The government adopted on Wednesday KW repair program.

According to the approved plan of the 14 mines KW 4 will go into liquidation, one will buy Węglokoks, and 9 others will be in the new SPV. The plan provides shielding package for employees of the liquidated mines. 2,100 people, where the missing miners retirement less than four years, is to be covered by the mining of leave – to acquire pension entitlements will get 75 percent. salary with extra self-employed or work outside the mining industry.

3100 people to be covered by the voluntary one-off allowances. Is about to leave. 400 underground workers who will be entitled to 24-fold salary, and approx. 1,100 people with the right treatment to 10 times earnings. For 1600 other employees at the check-in area is expected to be 3.6 times the salary.

As said Kowalczyk, mines, which are designed to eliminate, in the last three years have generated zł 1.9 billion loss, despite invest in them at the same time, 670 million zł. He noted that the mere separation of these mines – without any restructuring – reduces the cost of production in the rest of the KW from 300 to 260 zł per tonne.

However, the management Company has raised the goal to reduce the cost to the end of this year to 200 zł, and 9 mines will eventually fedrować the same as today, 14 – he noted. Kowalczyk added that it is expected that the Company’s operating result in 2015. Should be at the level of 150-200 million zł, in 2016. Increase to approx. 500 million. “Nod from the government is to leave and Bielszowice Halemba mine, but they will continue to have a profoundly restructure” – said attorney.

The government program also envisages a capital share of the energy sector in the assets of the new TA. The details of this participation is to present to the end of January of the Exchequer. Kowalczyk said that energy companies are concerned. “Every energy company wants to have access to the fuel. This is reasonable from the point of view of secure future supply,” – he believes. It also arrange the steam coal market – he added.

The cost of the entire program for KW government estimates 2.3 billion – 1.4 billion in 2015 and 0.9 billion in 2016. Removal of mines and holidays will be funded with a grant from the budget, check – Guaranteed Fund Employee Benefits.

The idea of ​​the new SPV share of labor costs should fall, including through the introduction of a 6-day working week and wages associated with the results. “Details will be determined the remuneration system with the social board, but the system must be urealniony, as in any corporation, subjected to market competition,” – said Kowalczyk. He stressed that does not necessarily mean a drop in pay.

The proxy also announced that the board of KW working on the assignment of specific commitments to particular categories of assets to pay off debts regularly.