Siltech noted profit despite mining crisis

First Polish private mining company noted a net profit of PLN 300,000 last year. Despite the crisis in the sector, Siltech managed to sell over 170,000 tons of coal. “Fortunately, we took advantage of good economic situation… and we implemented necessary investment projects which allow as to operate effectively,” the CEO Jan Chojniacki said. Siltech was founded on the foundations of state-controlled mining company KWK Pstrowski. It employs 180,000 people.