Business Overview

About Us

 

Business Overview

We own four established mines and two coking facilities in the northeastern region of the Czech Republic. We are also selectively pursuing a number of growth opportunities in Poland, Ukraine and elsewhere in Central and Eastern Europe (CEE).

We are one of the largest industrial groups in the Czech Republic by assets and revenues and the second largest private employer in the country. The quality of our coal, our proximity to many of our key clients and our reliability as a supplier have given us strong competitive advantages.

Our principal business is hard coal mining. Through our wholly owned subsidiary, OKD, we produce coking coal and thermal coal. Coking coal is used as a raw material in steel production, whereas thermal coal is sold to electric utilities, industrial users and other producers of electricity. Coking coal generally commands higher prices and generates higher revenues with higher margins relative to thermal coal.

NWR has 418 million tonnes of JORC reserves.

Group Structure


 

Latest share price

Allow for upto 15 mins

LSE (GBp) - 729.50
PSE (CZK) - 209.00
WSE (PLN) - 32.00

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