Copyright © 2010 OKD, a.s.
OKD, a.s.
POP 2010
OKD is the only producer of hard coal (bituminous coal) in the Czech Republic. Its coal is mined in the southern part of the Upper-Silesian coal basin – in the Ostrava-Karviná district... more »

Energy Concept: Decisions are to be made in consideration of the Region future

7.7.2010

OSTRAVA – The Moravian-Silesian Region needs heavy industry and all the factories engaged in this industry need coal! This is a very simple summary of the discussions held by and between the Confederation of Industry and Transport of the Czech Republic and representatives of significant regional companies, including OKD. Ján Fabián, Chief Development and Strategy Officer, OKD is one of the authors of a document dealing with    “employment saving” to be received by the new Government as soon as possible.

 

“Our discussions were held on the basis of a long-term governmental energy concept. Unfortunately, no energy concept has been developed. Such energy concept, i.e. energy master plan, should clearly describe the fuel mix for the future. Should the Government decide that nuclear energy and renewable resources will be the priorities and that they will downsize the fossil fuel usage, then it would impact the coal – a strategic raw material and mineral resource of the country,” said Fabián after the meeting held at the Mining University.

 

According to Jaroslav Míl, President, Confederation of Industry and Transport of the Czech Republic, even though the coal reserves write-off is a legitimate step within the energy strategy, it is necessary to consider all impacts! And such impacts might also consist in the industrial giants moving away. “There is a link of coal to other industries, such as steel and engineering plants, which would immediately leave the Region if the coal reserves should be written off. They would do that definitely and irretrievably,” added the  Chief Development and Strategy Officer of OKD.

 

The mining company ranks among the significant members of the Confederation of Industry and Transport of the Czech Republic, and this Confederation, including approximately 1,600 companies, agreed that at present, the Czech Republic is missing “a clear vision” of energy policy. In this connection, the President of the Confederation of Industry and Transport of the Czech Republic also mentioned “incapability, ignorance and incompetency” and emphasised   the necessity of systematic decision-making by the Government. “And when the Government does not work, then its role must be assumed by the Regions,” emphasized Míl.

 

Both the  Confederation of Industry and Transport of the Czech Republic and the regional industrial leaders consider the Region’s role to be of great importance. “In the past, the concept was clearly defined. We were proud of forming twenty percent of the Gross Domestic Product. Miners and metallurgical workers are dirty professions – this is the way of how the politicians look at them now. It is necessary to get rid of political, moral and any other prejudice,” said Jiří Ciencala, Director, Třinec Ironworks, also a member of the Confederation of Industry and Transport of the Czech Republic.

 

(Radek Lukša)


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The coal reserves are estimated to last for at least 200 to 300 years, while in the case of oil it is mere 40 to 50 years, and in the case of uranium it is roughly a century. more »
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Announcement of suspected fraud

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.


BUSINESS INTEGRITY POLICY

This policy was adopted by the Board of Directors of New World Resources Plc on 15 November 2011 and shall have immediate effect.
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Company code of ethics

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.

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Copyright © 2010 OKD, a.s.

OKD, a.s. seated Ostrava, Moravská Ostrava, Prokešovo náměstí 6/2020, Postcode  728 30,
incorporated in the Commercial Register kept by the Regional Court  in Ostrava, Section B, Inset  2900,
Identification Number: 26863154, Taxpayer Registration Number: CZ26863154.