Kompania Węglowa suspends its operations
Poland’s largest miner, Kompania Węglowa (KW) suspended operation in nine of its mines on Monday. The remaining six are still operational. KW halted operations in most of its mines as well as its offices, as a cost-cutting measure, as cash-strapped company has trouble finding money for its payroll.
The company’s management argues that in a period when demand for coal is lower, there is no need to excavate such big amount of coal as KW already has some 5 million metric tons of coal laying around waiting to be sold. The suspension is currently planned to last a week, although workers unions, which are protesting the decision, claim that KW plans to prolong that period for a month.
Workers who won’t be working during that time, will receive 55 percent for that period.
