Tauron to buy Brzeszcze mine

Tauron is to be interested in purchasing Brzeszcze mine, one of Kompania Węglowa's plants, under the condition that the output is profitable, according to Rzeczpospolita daily."We have expressed an initial interest in buying the whole or a part of Brzeszcze mine's assets, because it is possible that after its restructuring process the mine will make Tauron group more independent,” the Tauron CEO, Dariusz Lubera informed. Poland's second-biggest power company is going to analyze the economic performance and technical condition of the mine. Tauron may seek a financial or infrastructure investor, the daily reported. Tauron consumes roughly 10 tons of coal yearly. It controls the entire energy supply chain frommining to consumer service. “We are competent in terms of management of mine plants. The group has already proved that the marriage between the energy sector and mining may be beneficial for both sides,” Lubera said. There are two mines in the group employing around 6,000 people. Tauron was established in 2006 and has been listed on the WSE in 2010.