Bogdanka coal mine to be merged with power plant

Treasury Minister Piotr Czyżewski announced on Friday that the government has annulled the tender for the privatization of the Bogdanka coal mine. The idea is now to consolidate Bogdanka with the Kozienice power plant. "I have decided to close this project. We have failed to sign the privatization agreement and there will not be another tender," said Czyżewski during Friday's press conference on the issue. Kolmex Invest, Multico Press and Korporacja Gwarecka, filed their bids in the privatization tender. Despite the fact that the latter's bid was taken into consideration by the Treasury, it eventually deemed the offer to be unsatisfactory. According to Czyżewski, the newly established entity will be a much more attractive privatization investment. (Parkiet, p. 7) A.Z.