Current reports
Current report no. 21/2020
Information on the intended collective redundancies
Legal basis:
Art. 17 item 1 MAR – inside information
Contents of the report:
Zespół Elektrowni Pątnów-Adamów-Konin SA („Company”), informs that on 18 May 2020 in accordance with the Act of 13 March 2003 on special rules of terminating employment contracts for reasons not attributable to the employees (unified text Journal of Laws 2018, position 1969), the Management Board of PAK Kopalnia Węgla Brunatnego Adamów SA (“PAK KWB Adamów SA”) and the Management Board of PAK Górnictwo Sp. z o.o. (subsidiaries of the Company) adopted the resolutions on the intended collective redundancies and the start of the consultation procedure for collective redundancies.
The collective redundancies in the two abovementioned subsidiaries will be carried out in the period from July 1, 2020 to October 31, 2020, and will cover a maximum of 111 employees in PAK KWB Adamów SA, and in PAK Górnictwo Sp. z o.o. maximum 126 employees.
The consequence of adopting resolutions by the Management Boards of PAK KWB Adamów SA and PAK Górnictwo Sp. z o.o. about the intention to carry out collective redundancies and to start the consultation procedure, is to notify the trade union organizations of the reasons for the intended collective redundancies and ask the trade union organizations to enter into consultations. In addition, PAK KWB Adamów SA will notify the Poviat Labor Office in Turek of its intention to carry out collective redundancies, while PAK Górnictwo Sp. z o.o. will notify the Poviat Labor Office in Konin and the Poviat Labor Office in Turek.
The company will publish another announcement regarding collective redundancies after the end of consultations required by law with trade unions and will include information on the estimated amount of reserves related to employment restructuring at PAK KWB Adamów SA and PAK Górnictwo Sp. z o.o. Final data on the amount of provisions created and the impact of employment restructuring on the financial results will be provided in the Company's financial statements.
Signatures of persons representing the Company:
Maciej Nietopiel – Vice President of the Management Board acting President of the Management Board
Paweł Markowski – Vice President of the Management Board