Fuel holding plans heat up
"It is necessary to create a holding company," said Deputy Economy Minister Jacek Piechota. He said that this would secure supplies of coking coal. All the plants that will make up the holding are in need of substantial investments. Their merger will ensure that the investments will be conducted in an orderly and complementary manner. On the other hand, all the companies are currently showing good results, thanks to high coal and coke prices. JSW is targeting a profit of zł.1.4 billion this year. (Poland A.M., October 1)