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All unprofitable mines will be closed in this decade

All unprofitable mines will be closed in this decade

All unprofitable mines will be closed in this decade, Olha Buslavets, first deputy Energy Minister said last week at the First German-Ukrainian Energy Day. “Unprofitable mines will be closed within ten years,” she said. “The minimization of subsidies to the industry from the state budget will take place in the coming years.” Addressing the challenge of retraining and relocating thousands of miners, she said: “Care must be taken so that no one is left behind. This is the motto of a fair transformation of the coal industry, laid down in the European Green Deal. This should happen with us, too.”

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