Type
Business expansion
Country
Poland
Region
Poludniowy; Slaskie;
Location of affected unit(s)
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05 - Mining of coal and lignite

535 jobs
Number of planned job creations
Job creation
Announcement Date
21 February 2005
Employment effect (start)
Foreseen end date

Description

KWH will hire new people despite the fact that the prices of boiler coal in European ports (ARA-Amsterdam, Rotterdam-Antwerp) dropped. Export is also less profitable, as the Polish currency — zloty gets very strong lately. Priority in hiring will probably be given to the miners who work in the mines of KW (Kompania Węglowa), if these were to be closed.


Sources

  • 21 February 2005: Gazeta Wyborcza
  • 22 February 2005: Rzeczpospolita

Citation

Eurofound (2005), Katowicki Holding Węglowy, Business expansion in Poland, factsheet number 61155, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61155.