Brief: Bumech Files Complaint To EU Commission On Public Aid
27/11/2025 06:20
Nov 27 (Reuters) - Bumech SA BMCP.WA: SAID ON WEDNESDAY IT HAS FILED COMPLAINT TO EUROPEAN COMMISSION REGARDING ILLEGAL OR MISUSED PUBLIC AID SAYS COMPLAINT CONCERNS SUPPORT MECHANISMS FOR STATE-OWNED COMPANIES THAT DISTORT FAIR MARKET COMPETITION MECHANISM INCLUDES SUBSIDIES COVERING THE DIFFERENCE BETWEEN PRODUCTION COSTS AND COAL SALES REVENUE COMPANIES WITH PARTIAL AND SOLE PARTICIPATION OF NON-STATE CAPITAL, SUCH AS LW BOGDANKA, JSW, AND BUMECH'S UNIT PG SILESIA, ARE EXCLUDED FROM THE AID SAYS THIS GIVES STATE-OWNED MINING COMPANIES AN UNFAIR ECONOMIC ADVANTAGE, EXCLUDING UNSUBSIDISED COMPANIES FROM THE MARKET Source text for Workspace: nEM12tdvha Further company coverage: BMCP.WA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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