KGHM Polska Miedź

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KGHM Polska Miedź S.A.
Type Public (WSE: KGH)
Industry Mining
Founded 1961
Headquarters Lubin, Poland
Area served Worldwide
Key people Herbert Wirth, (President
Products gold, silver, copper
Revenue increase 3.1 billion
Operating income increase 0.6 billion
Net income increase 0.6 billion
Total assets increase 497.4 million
Employees 28,884 (2009)
Website www.kghm.pl

KGHM Polska Miedź (KGHM Kombinat Górniczo-Hutniczy Miedzi Polish Copper) is one of the largest producers of copper and silver in the world. The mining & metallurgy company is based in Poland in Lubin. KGHM Polska Miedź S.A. owns shares in 33 entities, operating in various production and service-related areas.

KGHM is one of the largest Polish exporters, the largest employer in Lower Silesia, and a significant part of the WIG20 index – winner of a prestigious statuette for achievements in 2005. The Company was awarded the Bull and Bear prize by the Market Paper "Parkiet" in the category of best investment in a WIG20 company and the Pearl of the Polish Market prize in the raw materials and energy sector.

The Company generates enormous profits, and holds a strategic interest for the Polish economy. The year 2007 saw record results in the production of electrolytic copper – 532,974 t – and of metallic silver – 1,215 t, and above all a record profit – nearly PLN 3.8 billion and a future promising steady growth and an increase in the value of the Company.

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