Karpiński: Restructuring mining to cost up to PLN 2.5 bln

The costs of restructuring Polish mining may reach as much as PLN 2.3-2.5 billion, the Minister of the Treasury pointed out as the Polish Press Agency reported. “These are careful estimates, we are not going to exceed the budget in my opinion ... I believe that we are able to manage the matter having at our disposal PLN 2.3-2.5 billion. It is going to be up to the stream of job departures and our ability to sell good assets from Spółka Restrukturyzacji Kopalń,” Włodzimierz Karpiński said. Karpiński referred to the government plenipotentiary for restructuring mining. Wojciech Kowalczyk stated that the costs would be several percent higher than PLN 2.3 billion, included in the initial plan of remedial measurements. The government reached an agreement with miners on Saturday. In line with the deal, there will be no liquidation of four Kompania Węglowa mines aswas going to be implemented under the first version of the plan.