Kompania Węglowa to benefit zł.600 million from sector merger

Their remaining assets will be transferred to Kompania Węglowa. "Liquidation of these companies should be performed as soon as possible, because we are unnecessarily bearing the costs of paying their management and supervisory boards," said Andrzej Chwiluk, leader of the coal miners' labor union. The transfer itself may prove to be complicated, as the companies hold stakes in over 150 other entities. Based on an assessment of these assets, the capital of KW will increase from zł.962.4 million to zł.1.564 billion once the merger is completed. (Puls Biznesu, p. 8) M.K.