The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Mining / Quarrying 05 - Mining of coal and lignite 05 - Mining of coal and lignite 05 - Mining of coal and lignite
535 jobs Number of planned job creations
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://dev.eurofound.europa.eu/restructuring-events/detail/61155.