Zbigniew Stopa manages the company
Friday, 2012-09-28
Supervisory Board has dismissed Mirosław Taras as President of the Management Board
The company is now managed by Zbigniew Stopa
On 27 September, the Supervisory Board dismissed Mirosław Taras from the position of President of the Management Board of Lubelski Węgiel Bogdanka S.A. The decision was made on the basis of Article 25.1 of the Company’s Articles of Association. As a justification, the Supervisory Board stated that “during discussions, it turned out that the President of the Management Board does not share the view of the Supervisory Board regarding the necessity and the methods of implementing the recommendations formulated as a result of the audit”, which has been conducted at LW Bogdanka by consulting companies Ernst & Young and SRK CONSULTING (UK) Limited since the beginning of July 2012.
LW BOGDANKA a Member of SEG
Friday, 2012-09-14
On 7 September 2012, Lubelski Węgiel BOGDANKA S.A. was accepted as a supportive member of the Polish Association of Listed Companies.
Output level of commercial coal in August 2012
Thursday, 2012-09-13
In August 2012, LW Bogdanka S.A. achieved the output level of commercial coal 624,218 tonnes.
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Stock Market Investing - Cycle of Workshops
Tuesday, 2012-09-04
The day of 10 September 2012 marks the beginning of the second edition of the nationwide series of workshop meetings devoted to investing at the stock market, organised within the framework of the educational programme “Civic Shareholding, Informed Investing”. LW Bogdanka S.A. is a proud partner of the meetings.
LUBELSKI WĘGIEL BOGDANKA S.A. after the first half of 2012
Wednesday, 2012-08-29
Lubelski Węgiel BOGDANKA S.A., the most modern and effective hard coal mine in Poland, as well as the domestic leader on the energy coal producers market, generated in the first half of 2012 over PLN 906 million revenue, almost 56% more than in the same period in 2011. The consolidated operating profit amounted to PLN 212.82 million and the Group’s net profit reached PLN 173.25 million. These values are higher by 202.26% and 178.7%, respectively, than in the first half of 2011. During six months of 2012, the production of commercial coal, as compared to the same period of the previous year, increased by 64.52% and amounted 4,175,060 tonnes (2,537,680 in the previous year).
Bogdanka - a Partner to the Civic Shareholding.
Monday, 2012-08-27
The second edition of the educational campaign “Civic Shareholding. Informed Investing” (“Akcjonariat Obywatelski. Inwestuj świadomie”) is launching. The Ministry of Treasury initiates a nationwide educational programme aimed at individual stock exchange investors. They will be invited to participate in free workshops conducted by professionals throughout Poland and make use of on-line knowledge repositories in the new version of the portal www.AkcjonariatObywatelski.pl. The new edition of the programme has secured the participation of a record number of 33 partners: stock exchange companies, financial market institutions, and brokerage houses.
Development Prospects Unchanged
Friday, 2012-08-24
Bogdanka’s Potential Secures Long Term Perspectives for its Development
In relation to a release, published on 9 August 2012 by Prairie Downs Metals Limited (Prairie), an Australian Securities Exchange (ASX) listed company, announcing that “Prairie Downs Secures a Large Coal Project in Poland”, as well as announcing the granting, by the Polish Ministry of the Environment, of hard coal exploration licenses within the areas of Kulik, Syczyn, Kopina and Cyców, i.e. in a direct vicinity of the extraction activity of Lubelski Węgiel Bogdanka S.A. The Management Board hereby declares that the measures undertaken by the above company do not restrict or affect the pursuance of Bogdanka’s strategic goals and long-term development plans.
In relation to a release, published on 9 August 2012 by Prairie Downs Metals Limited (Prairie), an Australian Securities Exchange (ASX) listed company, announcing that “Prairie Downs Secures a Large Coal Project in Poland”, as well as announcing the granting, by the Polish Ministry of the Environment, of hard coal exploration licenses within the areas of Kulik, Syczyn, Kopina and Cyców, i.e. in a direct vicinity of the extraction activity of Lubelski Węgiel Bogdanka S.A. The Management Board hereby declares that the measures undertaken by the above company do not restrict or affect the pursuance of Bogdanka’s strategic goals and long-term development plans.
Output level of commercial coal in July 2012
Thursday, 2012-08-02
In July 2012, LW Bogdanka S.A. achieved the output level of commercial coal 649,878 tonnes.
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Conclusion of an annex to the significant agreement with PH-U Energokrak Sp. z o.o. with registered office in Krakow
Thursday, 2012-08-02
The Company hereby announces that on 1 August 2012 it concluded an annex to the Long-Term Agreement on the sale of power coal 19 July 2011 with Przedsiębiorstwo Handlowo – Usługowe Energokrak Sp. z o.o., which entirely changes the contents of the said Agreement. The Agreement was described in Current Report No. 21/2011 of 19 July 2011.
Bogdanka Included in the Respect Index
Wednesday, 2012-08-01
On 31 July 2012, the Warsaw Stock Exchange yet again nominated new laureates of the prestigious RESPECT Index Rating. This time 20 listed companies were included to the composition of the new index. It was the 4 time for Lubelski Węgiel Bogdanka S.A. to be qualified to this group.
Publication of the new index will begin on 1 August 2012.
Publication of the new index will begin on 1 August 2012.