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Falling exports damage Weglokoks' revenues

In previous years, this figure stood at between 17-18 million and fewer exports this year mean a fall in revenues. "We estimate that the company's revenues will fall from zl.4 to zl.3 billion. Profit was to amount to zl.104 million. We will do our best to fulfill this forecast despite the problems," said Weglokoks' president, Michal Sobel. The corporation's shortfalls result from the struggles of its supplier, Kompania Weglowa, to deliver enough coal.Weglokoks' management is awaiting a decision from the government concerning the future of the sector. According to the most probable scenario, the company will acquire two coalmines from Kompania Weglowa. (Puls Biznesu,p.9) A.K.

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