Miners of new state coal enterprise will keep their jobs - director general

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LUGANSK, April 28 (Lugansk Media Centre) - Underground workers of the coalmines that will become part of the new state-owned enterprise Vostok-Ugol Republican Fuel Company will keep their jobs, company director general Vladimir Shatokhin said after a meeting with Lugansk People’s Republic prime minister Sergey Kozlov.

LPR fuel, energy and coal industry minister Pavel Malgin took part in the meeting, the government press service reported.

“The participants discussed the reshuffle of the coal industry and a road map for the new state-owned enterprise which will incorporate coalmines and other facilities,” the press service said.

“Our company has been officially registered and already has a bank account, seal, and administrative structure,” Shatokhin said.

"All the miners that will be transferred to our company will keep their jobs,” he said. However, a considerable number of administration staff will be made redundant as part of the optimization.

An investment program will prioritize restructuring, safe operation and equipment modernization, the director general said.

Earlier, the LPR government announced a coal industry modernization program. Its key objectives were set by LPR Head Leonid Pasechnik.

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