Coal Energy buys Polish Advanced industrial technologies for EUR 295,000

KYIV. Dec 22 (Interfax-Ukraine) – The coal company Coal Energy with assets in Ukraine acquired 100% of the shares of Advanced industrial technologies Sp. z o.o. (Katowice, Poland) for EUR 295,000 (UAH 12.124 million).

According to Coal Energy’s announcement on the Warsaw Stock Exchange on Friday, the company was bought in accordance with the company’s new development strategy for 2023-2026. Payment for the transaction will be made within three months after signing the agreement.

Advanced industrial technologies was established in 2018 and provides underground mining services for coal mines in Poland.

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