POLISH MINES: STATE-OWNED BUT COMPETITIVE

Dziennik Gazeta Prawna (Daily Legal Newspaper) published on Monday key points of the Road Map for Polish hard coal mining sector, created in high discretion in Ministry of Energy. According to it, Polish mines will stay state-owned, but will work hard to become more competitive on the European and international markets.

In the Ministry’s strategy 2016-2030, we can find out that  there will be further consolidation of coal producers with energy industry, and that coal companies might be combined in larger holdings (PHW with PGG?).

Ministry also listed the main issues that are bringing the industry down, among which there are: unions blocking the decision process, low flexibility of production potential and structure of salaries (no correlation between mines financial results and levels of salaries).

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