EMCC European Monitoring Centre on Change

Kompania Węglowa

Company/Organisation:
Kompania Węglowa

Geographic Location

Country: Poland

Company

Sector: Mining / quarrying
Mining and quarrying
05 - Mining of coal and lignite
Number Employed: 61500

Employment Effects

Announcement Date: 04-01-2011
Planned Job Reductions min: 4400
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2011
Foreseen End Date: 31-12-2011
Planned Job Creation: 1881

Additional Information

On 4 January 2011, the largest coal mining company in Europe Kompania Węglowa announced a restructuring plan for 2011 which will result in 2,500 job losses. The coal mining giant announced that 4,400 miners will leave the company on early retirement scheme while 1,881 persons will be recruited during 2011. Around 540 of new recruits will be coal mining school graduates, who have a guarantees of employment. Such guarantees are usually the result of contracts signed between companies and schools. The new recruits will replace some of those leaving the company. This type of restructuring plan, when young graduates replace older workforce via natural attrition, is the new national employment strategy for 2010 - 2014.

KW accounts for around 30% of European coal production and employs 61,500 people in 15 mines.