Post Balance Sheet Date Events

January 2002
  • workshops unit, technical mining operations unit, and selected railway and road transport services transferred from the Company's organizational structure to subsidiaries
  • payment of non - monetary investment contribution in subsidiaries
  • business plans of subsidiaries for 2002 approved
February 2002
  • long - term sale contract signed with Teplárna Ústí nad Labem, a.s. concerning coal supplies until 2008
March 2002
  • Company business plan for 2002 approved
  • Alliance Agreement signed with Mostecká uhelná společnost, a.s. and Sokolovská uhelná, a.s.
  • termination of long - term agreement for coal supplies to E.ON Schwandorf
April 2002
  • agreement signed on the acquisition of 49.5% of the shares
    in VÍTKOVICE-PRODECO, a.s.
May 2002
  • approval granted for the purchase of a SchRs 1320 digging - wheel excavator for almost CZK 1 billion
June 2002
  • auditor’s approval for 2002 conferred by ERNST & YOUNG AUDIT s.r.o.