Coal Energy cuts coal production by 28.6% in Jan

17:00, 15.02.2017 1 min read

Coal Energy S.A. (Luxembourg) with assets in Ukraine in January 2017 reduced coal production by 28.6% (by 11,633 tonnes) as compared to the same period of 2016, to 29,035 tonnes, the press service of the company has said.

Compared with December the fall was even more significant - 43.7% (by 22,502 tonnes).

As reported, Coal Energy includes ten coal mines, rock dumps processing facilities and objects for enrichment. The company sold coal to thermal power companies, coke chemical, cement plants and municipalities. It also exports goods to Bulgaria, Slovakia, Moldova and Turkey. The company's business was significantly affected by the hostilities in Donbas.