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Poland Discussing Coal Mining Consolidation

Posted by September 5, 2014

Polish Prime Minister Donald Tusk said on Friday the government is discussing consolidating the country's coal mining sector.

"There has emerged a very interesting proposal of consolidation, which assumes that more entities form such a group, which could be more competitive than Kompania Weglowa on its own," Tusk said.

Kompania Weglowa, a state-owned company, is Poland's largest coal miner. Hit by falling coal prices, it is struggling to return to profit.

(Reporting by Wojciech Zurawski; Writing by Marcin Goettig; Editing by Wiktor Szary)

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