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EFH launches production at Silesia mine


2012-05-10



Energeticky a Prumyslovy Holding (EPH), a Czech integrated energy group, on 9 May inaugurated production at KWK Silesia, a coal mine it bought in late 2010 from state-owned Kompania Weglowa. The group has already invested PLN 520m (approx. €123m) in new infrastructure and capacity at Silesia, as part of a PLN 800m (€190m) capex programme scheduled to be completed by the end of 2013, and employment at the mine has more than doubled to 1,520 from 710 at the time of the transaction. A new coal face has been launched capable of producing up to 1.5 million tons of steam coal a year, and the target is to reach 3 million tons in late 2013. Silesia has also become the first coal mine in Poland to work a 24/7 schedule, which together with the modern technologies makes it well-placed to become the efficiency leader in the Polish mining sector, according to EPH.

Prague-based EPH includes more than 20 companies operating in coal mining, electricity and heat production, electricity and gas trading, and renewables.



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