New World Resources NV Company Profile

New World Resources NV

Fred. Roeskestraat 123, 3rd floor
1076 EE Amsterdam
Netherlands
Tel: 31 20 570 2200
URL: http://www.newworldresources.eu/
Primary Symbol & Exchange:
NWR - Common stock - London
Other Symbol & Exchange:
BAANWR - Common Stock - Prague
Industry:
Coal
+  SIC Industry Code:
+  NAICS Industry Code:
Thomson Financial Business Description:
The Group's principal activity is to produce quality coking and thermal coal for the steel and energy sectors. It operates in two segments: Mining division and Real Estate division. Mining division relates to coal extraction, production of coke and related operations and businesses. The Mining division is currently represented by two segments, one representing the coal and coke business and the other representing the electricity trading business. Real Estate division solely provides inter-divisional service, i.e. provides real estate to Mining division. The Group operates four mines and two coking plants. All the mines extract coal from mutiple seams using the longwall mining method. The Group employs 17,738 people at 31-Dec-2008. The Group operates in the Czech Republic and Poland. In January 2008, the Group acquired KARBONIA PL Sp. z o.o.
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