RESULTS AFTER 3 QUARTERS: RESTRUCTURING

In the period of first three quarters of 2015 the governmental money train brought to Polish coal mining sector 530.2m PLN. Majority of this amount (304.4m PLN) was used for tasks connected with liquidation of mines and other facilities (the ongoing process since 1998). For real restructure the Mines Restructuring Company (SRK) received 207.4m PLN.

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Severance payments took another 18.4m PLN. As a reminder – between 2014 and 2015 the level of employment in mining industry dropped by almost 10,000 workers.

Between 2016 and 2018 the new government plans to transfer another 4.995bn PLN to SRK (the outgoing government allocated only 0.9bn PLN for restructuring activities in 2016).

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