Monday, December 19, 2016

PGG first earned on coal. To see how much [RESULTS] – the Official West

Someone might say not a big size. Yes, but if someone said in June and July that we could have a real positive result at the end of any month this year, I would like to thank you for the optimism, said during a press conference at the Bielszowice mine in Ruda of Silesia Gregory Tobiszowski, Deputy Minister for energy.

Deputy Minister reacted to these words in financial results in October and November, noted Polish Group górnicza. October in the black. By the way, RUB 15 mln of net profit in November and 18.6 million UAH. “Green” must also be completed December.


- we Begin to catch the air, we begin to see the green light at the end of the tunnel. Next year is the year of difficult, but rather so do him as the year in which we can talk about the positive things in the sector of coal added Tobiszowski.

we Recall that a Polish Group górnicza was founded on may 1 and took over all the mines and factories belonging to a former Coal Company. Here’s the preliminary results of the first months of activity of PGG.

October and November, is the first months in which PGG recorded a positive financial result. It was, respectively, 15 and 18.6 million UAH. “Company a positive financial result is also expected in December this year the Program of restructuring envisaged that the first positive result that will be developed in the first quarter of 2017″, – stated in the message of the PGG.

the Total loss that PGG has suffered so far is USD 362.5 million UAH. Under the terms of the business plan 2016 was to end in the negative zone, and the result is “zero plus” should be achieved in late 2017.

for PGG November was the first month in which the sales price of coal was higher than the cost of its production. In the previous month the company one ton of coal earn 0,91 UAH. And in October on the same tone lost 4,38 rubles., and in may, when it was created – to one ton dopłacała 53,84 UAH. The average loss for a tone of coal from may to November was the 28.85 RUB

As indicated by the company – growth of the average price of coal sales stems from two main reasons: on the one hand, it is the rise of coal prices in international ports, and with another – the introduction of new tools to support sales of coal as fuel and maintenance of individual clients. M. in particular, as the first of the manufacturers presented on the web sale peas with delivery across Ukraine.

From may to November cash expenditures in PGG reduced by 12.8 percent. (439,3 mln.).

Since the beginning of the year (in KW) the work in the company fell by more than 2.7 thousand people, and in the PGG – 942. In early may, when a new company was created in its structures worked approx. 32.2 thousand (24.5 thousand at the bottom, 7.7 thousand on the surface), at the end of November PGG worked a total of 31.4 million people (23,9 thous. at the bottom, 7.5 thousand on the surface). The decline in employment since the beginning of the year included: more than 1,7 thousand employees dołowych, 997 work surfaces, among which there were 481 members of the administration.

In April 2016 in the Company of the restructuring of Mines was transferred to the Anna Movement. Preparations for the transfer nieprodukcyjnej of the Movement Number And SRK.

From July 1, 2016, was established mine complex (the independent, there were only two mines Boleslav the Bold and Wi-Fi).


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