Lubelski Węgiel Bogdanka
Lubelski Wegiel Bogdanka SA is a Polish hard coal producer based in Bogdanka near Lublin , Lublin Voivodeship .
The company deals with the extraction of hard coal , which is used to generate electrical and thermal energy and to produce cement. The company's main customers are power plants, cement plants, fertilizer production plants and thermal power plants in the east and north-east of Poland. The Bogdanka mine is located in the Lublin Basin. Lubelski Wegiel Bogdanka SA carries out its mining work on an area of 57 square kilometers. Until December 31, 2012 the company operated a subsidiary, Leczynska Energetyka Sp. Z oo, and held a 24.41% stake in Kolejowe Zaklady Maszyn KOLZAM SA. The main shareholder of the company is Enea SA .
history
The first mention of finding coal at a depth of 15 meters in Volhynia appeared in an article by W. Choroszewski in the journal Pamiętniku Fizjograficznym (Physiographic Diary) in 1881. In 1911 the Russian geologist M. Tietajew suspected carbon deposits on the western slope of the Ukrainian crystal massif. The survey of the massif was carried out by the geologist J. Samsonowicz, who found carbonaceous flint stones in Volhynia in 1931. A year later he presented his concept of the occurrence of carbon deposits in Volhynia and the hypothetical distribution in the area of western Volhynia and southern Poland. Exploration work began in the interwar period. In 1938 carbon was found in Tartaków at a depth of 239 m.
Exploration, interrupted by World War II, resumed in the 1950s. In 1955 an exploration hole was drilled in Chełm, in which coal was found at a depth of 580 to 1208 m. In 1965 the first coal samples were taken from the Łęczna IG-1 well. In January 1975, the Council of Ministers decided to build a pilot and mining mine. Then a state-owned coal mining company was founded.
initial public offering
On June 25, 2009, the company's shares debuted on the Warsaw Stock Exchange. As part of the issue, the state received 528 million zlotys . The next privatization phase took place on March 9, 2010. On that day, the Ministry of Finance sold 46.7% of the shares in Lubelski Węgiel Bogdanka on the stock exchange for over PLN 1.1 billion at PLN 70.50 per share. After this transaction, the Treasury only had 4.97% of the company's shares. In the following years the state treasury continued to reduce its share. In 2015 65% of the shares were bought by the energy company Enea SA.
Individual evidence
- ↑ profile. www.reuters.com, accessed on August 4, 2020 .
- ↑ Skarb-sprzedal-47-proc-akcji-Bogdanki. rp.pl, accessed on August 4, 2020 (Polish).