Confederation tries to help OKD to find a way out of the crisis
Czech governement should prepare a plan to employ miners who will lose their job.
The plan of restructuring of black-coal mining company OKD, employing 13 000 people and struggling to survive, is up to the company management. Such is the result of the Thursday´s talks between the ministers of industry, finance and labour and representatives of OKD, its owner, New World Resources(NWR), which is a Central European hard coal producer, and creditors.
According to the Industry and Trade Minister Jan Mladek, two working groups will be set up. One will negotiate the possibility of OKD's reorganisation and the other will be for mine Frenstat where mining has never taken place. Their members will be both government and OKD representatives.
A working commission which, apart from officials of the above ministries includes also representatives of trade unions, employers and the region, met for the second time to discuss OKD on Thursday.
The Confederation of Industry, which is the employers representative, made it clear in December that the sane part of the OKD should be saved and the Czech government should help the miners who will lose their jobs to find new ones.
"The tripartite of Moravia-Silesia is already looking for free capacity in its companies. We are somewhere at 1,500 to 2,000 jobs that could be offered for auxiliary professions and retraining of miners," the Confederation of Industry´s president Jaroslav Hanák stressed at Thursday´s meeting..
Five years ago, OKD with sub-suppliers employed around 17,500 people. In 1990 it had 105,000 employees.
The exact ownership structure of parent NWR is unclear. Entrepreneur Zdenek Bakala left the NWR board last April but he still keeps a 50-percent stake in CERCL Mining (former BXR Mining), which owns 50.5 percent of NWR. This ratio is likely to change soon.
Earlier this week NWR said it is issuing 1.44 million new shares that will start trading on markets.
The sum of 4 billion CZK (0,148 bn euros), which NWR allegedly demanded in December in return for its continuation of mining, was not mentioned again at Thursday's meeting.
The plan of restructuring of black-coal mining company OKD, employing 13 000 people and struggling to survive, is up to the company management. Such is the result of the Thursday´s talks between the ministers of industry, finance and labour and representatives of OKD, its owner, New World Resources(NWR), which is a Central European hard coal producer, and creditors.
According to the Industry and Trade Minister Jan Mladek, two working groups will be set up. One will negotiate the possibility of OKD's reorganisation and the other will be for mine Frenstat where mining has never taken place. Their members will be both government and OKD representatives.
A working commission which, apart from officials of the above ministries includes also representatives of trade unions, employers and the region, met for the second time to discuss OKD on Thursday.
The Confederation of Industry, which is the employers representative, made it clear in December that the sane part of the OKD should be saved and the Czech government should help the miners who will lose their jobs to find new ones.
"The tripartite of Moravia-Silesia is already looking for free capacity in its companies. We are somewhere at 1,500 to 2,000 jobs that could be offered for auxiliary professions and retraining of miners," the Confederation of Industry´s president Jaroslav Hanák stressed at Thursday´s meeting..
Five years ago, OKD with sub-suppliers employed around 17,500 people. In 1990 it had 105,000 employees.
The exact ownership structure of parent NWR is unclear. Entrepreneur Zdenek Bakala left the NWR board last April but he still keeps a 50-percent stake in CERCL Mining (former BXR Mining), which owns 50.5 percent of NWR. This ratio is likely to change soon.
Earlier this week NWR said it is issuing 1.44 million new shares that will start trading on markets.
The sum of 4 billion CZK (0,148 bn euros), which NWR allegedly demanded in December in return for its continuation of mining, was not mentioned again at Thursday's meeting.
- Radim Klekner
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section Aktuálně