Poland Wants Energy Sector to Save Coal Sector

GALWAY, IRELAND--September 16, 2014 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) The company behind 25% of Europe's domestic coal output is in trouble and the Polish government is calling on its energy companies to come to the rescue.

The Polish government is urging state-owned Polska Grupa Energetyczna (PGE) (PW:PGE) (Warsaw, Poland), Tauron Polska Energia SA (Katowice, Poland) and Enea SA (WSE:ENA) (Poznan, Poland) to buy mines from its troubled Kompania Weglowa S.A. (Katowice, Poland).