Węglokoks to sell 100% of its mining shares (PGG) in Q4

Węglokoks wants to focus on the development of its metallurgical assets and intends to sell approx. 18.3% (equal to 100% of its stake) in Polska Grupa Górnicza (PGG) by the end of this year, informed president Tomasz Heryszek.

“In the case of Węglokoks, we are dealing with a breakthrough process. EU directives and the current green certificate system mean that we now have an idea to sell our stake of over 18% of shares in Polska Grupa Górnicza by the end of this year, ”said Heryszek during the panel at the Vision for Development Forum in Gdynia.

“We also want to sell 100% of shares in Węglokoks Kraj, which means that we will no longer mine steam coal,” said the president.

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