ARP and JSW Koks to create joint venture

State-controlled Industrial Development Agency (ARP) and JSW Koks, a subsidiary of Poland's largest Coal extraction company Jastrzębska Spółka Węglowa (JSW), applied to the Polish anti-monopoly watchdog UOKiK for establishing a joint venture in order to develop an investment worth around PLN 185 million. The new entity is to be a capital company, based in Radlin (Silesia) where their heat and power plant will be constructed. A letter of intent to build the plant was signed in April.