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26.07.2010 107 coal enterprises to be closed down in Ukraine


Ukrainian government commenced large-scale liquidation of unprofitable mines,

107 of which are to be closed down this year. The money having been spent for subsidizing will be redirected to modernization of the mines which have prospects of successful privatization, the government says. To increase governmental mines value, liberalization of coal markets is needed, experts comment.


Source:   metcoal.ru