Tauron with preliminary deal regarding Brzeszcze

Tauron Polska Energia, the only bidder for Brzeszcze mine, has reached a preliminary deal with Poland's mining restructuring vehicle, Spółka Restrukturyzacji Kopalń (SRK), a company press release read. In line with which, Tauron will purchase the mine for "a symbolic one złoty." "I am glad that the negotiations regarding the sale of assets of KWK Brzeszcze have been completed successfully and we managed to reach an agreement which satisfies both sides. ... The launch of operations of Nowe Brzeszcze-Grpua Tauron is very close," said Jerzy Kurella, Tauron's CEO. He added that "building a strong fuel-energy holding" is one of the group's priorities. Andrzej Czewiński, the treasury minister said he was glad about the deal between both companies. On Friday afternoon, Tauron reached an agreement with the miner's trade unions as well. To finalize the entire transaction, formal approvals are needed.