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

Employment Effects

Announcement Date: 02-12-2004
Planned Job Reductions min: 12000
Planned Job Reductions max: 12000
Type of Restructuring: Internal restructuring

Additional Information

Kompania Węglowa, an entity assembling 21 coal mines, has unveiled a restructuring programme geared at restoring profitability of operations. The plans call for shutting down two mines, for merging several others, and for extensive organisational changes for at least one more. Of the combined Kompania Węglowa workforce of 74,000 people, 12,000 will be dismissed, the premise being that, come 2006, employment at Kompania Węglowa should stabilise at roughly 65,000 people.