New president of KGHM plans new investments and expansion abroad

The report should be released in May this year. Skóra is going to verify the plans of his predecessors and introduce significant changes to the company. It may also bring about personnel decisions, although the president refuses to disclose details yet. He admits only that the board of Telefonia Dialog is being evaluated and the final result may be unfavourable. In the last 4 years production costs have risen by 100%. Krzysztof Skóra confirms that KGHM plans to build a new blast furnace, gas power and heating plants and develop hydrotransport. The company, in turn, will reconsider an IT project, estimated at zł.100 million. As to expansion abroad, many destinations are being taken into account, e.g. Congo, as well as China and Mongolia, because the company's production capacity has seriously increased, thus it needs more concentrate to produce copper. (Puls Biznesu, pp. 4-5) J.L.