{"id":4173,"date":"2018-04-04T21:44:15","date_gmt":"2018-04-04T20:44:15","guid":{"rendered":"https:\/\/praguebusinessjournal.com\/?p=4173"},"modified":"2020-02-04T19:45:53","modified_gmt":"2020-02-04T18:45:53","slug":"okd-mines-phaseout-costs-to-exceed-kc6-billion","status":"publish","type":"post","link":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/","title":{"rendered":"OKD Mines Phaseout Costs To Exceed Kc6 Billion"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">Karvina, North Moravia, April 4 (CTK) &#8211; The expert opinion of the A-Consult plus institute estimated the phaseout costs of the OKD company&#8217;s black coal mines at some Kc6.6bn, daily Mlada fronta Dnes (MfD) said today.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">OKD&#8217;s price is estimated by the insitute at Kc540m in total, the value itself at Kc234m and non-operating assets at Kc304m, the paper said.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">So far the mines phaseout has been preliminarily calculated at some Kc5bn.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">OKD had the expert opinion made because of the transfer of mines to the successor OKD Nastupnicka which is to go to the state-run company Prisko for some Kc80. The opinion is based on OKD&#8217;s business plan until 2024.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">CSA, Lazy and Darkov mines&#8217; phaseout is expected to cost about Kc2.4bn, the highest amount, with social costs making up a half of the figure, MfD said.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">CSM mine&#8217;s activity is to last the longest &#8211; until 2023 at least.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">Mining activity at Paskov ended last year. Other mines continue operating. With supplier companies, OKD has a 9,500-strong workforce.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">It plans to finance the wind-down from the mining activities revenue.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">OKD got into serious financial trouble due to falling prices of coal and its excessive debts. It filed for insolvency, and was declared insolvent in May 2016. More than 550 creditors lodged their claims whose value topped Kc23bn. According to the insolvency administrator, over Kc17bn worth of claims are not valid. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karvina, North Moravia, April 4 (CTK) &#8211; The expert opinion of the A-Consult plus institute estimated the phaseout costs of the OKD company&#8217;s black coal mines at some Kc6.6bn, daily Mlada fronta Dnes (MfD) said today. &nbsp; OKD&#8217;s price is estimated by the insitute at Kc540m in total, the value itself at Kc234m and non-operating &#8230; <a title=\"OKD Mines Phaseout Costs To Exceed Kc6 Billion\" class=\"read-more\" href=\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\" aria-label=\"Read more about OKD Mines Phaseout Costs To Exceed Kc6 Billion\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":4175,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[18],"tags":[410],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OKD Mines Phaseout Costs To Exceed Kc6 Billion - Prague Business Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKD Mines Phaseout Costs To Exceed Kc6 Billion - Prague Business Journal\" \/>\n<meta property=\"og:description\" content=\"Karvina, North Moravia, April 4 (CTK) &#8211; The expert opinion of the A-Consult plus institute estimated the phaseout costs of the OKD company&#8217;s black coal mines at some Kc6.6bn, daily Mlada fronta Dnes (MfD) said today. &nbsp; OKD&#8217;s price is estimated by the insitute at Kc540m in total, the value itself at Kc234m and non-operating ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Prague Business Journal\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/praguebizjournal\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-04T20:44:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-04T18:45:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"478\" \/>\n\t<meta property=\"og:image:height\" content=\"323\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u010cTK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@prague_business\" \/>\n<meta name=\"twitter:site\" content=\"@prague_business\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u010cTK\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\"},\"author\":{\"name\":\"\u010cTK\",\"@id\":\"https:\/\/praguebusinessjournal.com\/#\/schema\/person\/863b88b715ea113977583f56c3016e2e\"},\"headline\":\"OKD Mines Phaseout Costs To Exceed Kc6 Billion\",\"datePublished\":\"2018-04-04T20:44:15+00:00\",\"dateModified\":\"2020-02-04T18:45:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\"},\"wordCount\":251,\"publisher\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1\",\"keywords\":[\"OKD\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\",\"url\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\",\"name\":\"OKD Mines Phaseout Costs To Exceed Kc6 Billion - Prague Business Journal\",\"isPartOf\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1\",\"datePublished\":\"2018-04-04T20:44:15+00:00\",\"dateModified\":\"2020-02-04T18:45:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1\",\"width\":478,\"height\":323,\"caption\":\"OKD Coal Mine\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/praguebusinessjournal.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"OKD Mines Phaseout Costs To Exceed Kc6 Billion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/praguebusinessjournal.com\/#website\",\"url\":\"https:\/\/praguebusinessjournal.com\/\",\"name\":\"Prague Business Journal\",\"description\":\"News and views from the Czech Republic\",\"publisher\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/praguebusinessjournal.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/praguebusinessjournal.com\/#organization\",\"name\":\"Prague Business Journal\",\"url\":\"https:\/\/praguebusinessjournal.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/praguebusinessjournal.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/PBJ-logo-226x125.jpg?fit=361%2C120&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/PBJ-logo-226x125.jpg?fit=361%2C120&ssl=1\",\"width\":361,\"height\":120,\"caption\":\"Prague Business Journal\"},\"image\":{\"@id\":\"https:\/\/praguebusinessjournal.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/praguebizjournal\",\"https:\/\/x.com\/prague_business\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/praguebusinessjournal.com\/#\/schema\/person\/863b88b715ea113977583f56c3016e2e\",\"name\":\"\u010cTK\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"OKD Mines Phaseout Costs To Exceed Kc6 Billion - Prague Business Journal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/","og_locale":"en_US","og_type":"article","og_title":"OKD Mines Phaseout Costs To Exceed Kc6 Billion - Prague Business Journal","og_description":"Karvina, North Moravia, April 4 (CTK) &#8211; The expert opinion of the A-Consult plus institute estimated the phaseout costs of the OKD company&#8217;s black coal mines at some Kc6.6bn, daily Mlada fronta Dnes (MfD) said today. &nbsp; OKD&#8217;s price is estimated by the insitute at Kc540m in total, the value itself at Kc234m and non-operating ... Read more","og_url":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/","og_site_name":"Prague Business Journal","article_publisher":"https:\/\/www.facebook.com\/praguebizjournal","article_published_time":"2018-04-04T20:44:15+00:00","article_modified_time":"2020-02-04T18:45:53+00:00","og_image":[{"width":478,"height":323,"url":"https:\/\/i2.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1","type":"image\/jpeg"}],"author":"\u010cTK","twitter_card":"summary_large_image","twitter_creator":"@prague_business","twitter_site":"@prague_business","twitter_misc":{"Written by":"\u010cTK","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#article","isPartOf":{"@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/"},"author":{"name":"\u010cTK","@id":"https:\/\/praguebusinessjournal.com\/#\/schema\/person\/863b88b715ea113977583f56c3016e2e"},"headline":"OKD Mines Phaseout Costs To Exceed Kc6 Billion","datePublished":"2018-04-04T20:44:15+00:00","dateModified":"2020-02-04T18:45:53+00:00","mainEntityOfPage":{"@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/"},"wordCount":251,"publisher":{"@id":"https:\/\/praguebusinessjournal.com\/#organization"},"image":{"@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1","keywords":["OKD"],"articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/","url":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/","name":"OKD Mines Phaseout Costs To Exceed Kc6 Billion - Prague Business Journal","isPartOf":{"@id":"https:\/\/praguebusinessjournal.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage"},"image":{"@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1","datePublished":"2018-04-04T20:44:15+00:00","dateModified":"2020-02-04T18:45:53+00:00","breadcrumb":{"@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#primaryimage","url":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1","contentUrl":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1","width":478,"height":323,"caption":"OKD Coal Mine"},{"@type":"BreadcrumbList","@id":"https:\/\/praguebusinessjournal.com\/okd-mines-phaseout-costs-to-exceed-kc6-billion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/praguebusinessjournal.com\/"},{"@type":"ListItem","position":2,"name":"OKD Mines Phaseout Costs To Exceed Kc6 Billion"}]},{"@type":"WebSite","@id":"https:\/\/praguebusinessjournal.com\/#website","url":"https:\/\/praguebusinessjournal.com\/","name":"Prague Business Journal","description":"News and views from the Czech Republic","publisher":{"@id":"https:\/\/praguebusinessjournal.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/praguebusinessjournal.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/praguebusinessjournal.com\/#organization","name":"Prague Business Journal","url":"https:\/\/praguebusinessjournal.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/praguebusinessjournal.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/PBJ-logo-226x125.jpg?fit=361%2C120&ssl=1","contentUrl":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/PBJ-logo-226x125.jpg?fit=361%2C120&ssl=1","width":361,"height":120,"caption":"Prague Business Journal"},"image":{"@id":"https:\/\/praguebusinessjournal.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/praguebizjournal","https:\/\/x.com\/prague_business"]},{"@type":"Person","@id":"https:\/\/praguebusinessjournal.com\/#\/schema\/person\/863b88b715ea113977583f56c3016e2e","name":"\u010cTK"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/praguebusinessjournal.com\/wp-content\/uploads\/2018\/04\/OKD-Mines-e1522874428203.jpg?fit=478%2C323&ssl=1","_links":{"self":[{"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/posts\/4173"}],"collection":[{"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/comments?post=4173"}],"version-history":[{"count":0,"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/posts\/4173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/media\/4175"}],"wp:attachment":[{"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/media?parent=4173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/categories?post=4173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praguebusinessjournal.com\/wp-json\/wp\/v2\/tags?post=4173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}