KW/Ciech cooperation

"We want to actively cooperate with Ciech and use all the possibilities of the synergy," said company president Maksymilian Klank. Ciech is interested in participating in the construction of a refinery to process coal to fuel, which KW plans to open in the immediate future. The firm says the investment will cost about R4 (zł.15.9) billion. Ludwik Klinkosz, Ciech's president, said the firm will have no problems meeting its consolidated net profit projection of zł.104 million, as well as its revenues prognosis of zł.2.2 billion