Polish coal miner PGG sees no need for more funds from stakeholders

Poland's biggest coal miner PGG sees no need for further financial help from its state-run stakeholders as it has started making money, CEO Tomasz Rogala said on Wednesday. PGG, previously known as Kompania Weglowa, avoided collapse last year thanks to help from state-run utilities PGE, PGNiG and Energa. They also agreed to inject more funds earlier this year to help PGG take over another troubled miner KHW.