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Bogdanka Posts Smaller Profits, But Plans to Increase Spending.
(From Polish News Bulletin)
Bogdanka coal mine has announced its approximate results for 2005. Net profit amounted to nearly ZL70m compared to ZL136m in 2004. "Last year was also very good for the mine as coal prices soared while production remained at the same level as in 2004 and reached 5.4m tonnes. However, the preparations for new investment have taken their toll on the final result," said Miroslaw Taras, the company's spokesman. Last year, Bogdanka ...
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