JSW to sell a stake in Victoria coking plant

Coal producer Jastrzębska Spółka Węglowa (JSW) has suspended the process of selling its coking unit JSW Koks, but is conducting talks on the issue of selling a stake in the Victoria coking plant. "The JSW Koks project has been temporarily suspended. As for the Victoria coking plant, negotiations are ongoing and should be completed by the end of June," JSW spokesperson Katarzyna Jablonska-Bajer told PAP. "The size of the stake is being negotiated with potential investors," the official indicated. Recently in April, JSW sold a 100 percent stake in its heat and power unit Przedsiębiorstwo Energetyki Cieplnej (PEC) to PGNiG Termika for PLN 190.4 million.