Tauron bids for Brzeszcze mine

Tauron has decided to buy some of the assets of one of Kompania Węglowa's plants, the Brzeszcze mine. It is preparing a letter of intent and is going to conduct due diligence, according to media reports. "It is possible that after its restructuring process the mine will make the Tauron group more independent,” Tauron CEO Dariusz Lubera said in January. Since the company is in debt, it needs to find a financial investor to finalize the transaction. So far, no talks have been started. Tauron was established in 2006 and has been listed on the WSE since 2010.