PGG to invest PLN 750 mln in modernization of processing facilities by 2030
21:47
State-owned, biggest coal miner Polska Grupa Górnicza will invest some PLN 750 million by 2030 in the modernization of processing facilities in order to improve coal quality and meet market requirements, company’s CEO Tomasz Rogala said.
On top of that, PGG plans to spend over PLN 500 million on new equipment till 2020 and PLN 50 million on the implementation of new exploration methods. The new machines will be ordered in bulk and gradually replace the outdated ones. PGG also wants to invest in the development of monitoring and diagnostics systems for machinery and equipment.