The formation of the independent state was welcomed by most inhabitants of the Ostrava region, however, at the same time the local mines were faced with a situation they were not prepared for. The newly formed republic represented only a small market, moreover, foreign entities were starting to establish themselves in the Czechoslovakian market, in particular from Poland and Germany. Export was therefore directed mainly at less developed countries of south-eastern Europe which did not possess their own sources.
During the First Republic the process of capital concentration further continued. The number of mining companies in the district decreased to seven by 1937:
Despite the fact that the mines (as well as the whole Ostrava region) were severely afflicted by the world economic depression, on the whole, during the First Republic there was a new expansion in mining. Among others, this is evidenced by the figure of the total quantity of output of coal in 1937 – mining in the whole district amounted to a record-breaking nearly 13 million tons.
OKD, a.s., has been currently exposed to fraudulent activity by unknown individuals in Germany.
Full version of the document in English and German is here.
This policy was adopted by the Board of Directors of New World Resources Plc on 15 November 2011 and shall have immediate effect.
Full version of the document is here.
The Board of Directors of OKD has adopted a Company code of ethics that is obligatory for all the employees of the firm. It defines basic values and attitudes to enterprise that OKD conforms to in the course of its business activities.
The code of ethics is not any binding rule of law or internal directive, it represents, however, a moral obligation for each employee of OKD.