PM says aim is to stabilize situation around OKD mining company

The Prime Minister Bohuslav Sobotka, leaders of the other two government coalition parties, Ministers for Industry and Trade, Labour and Social Affairs, and Justice met on Wednesday to discuss the situation surrounding the hard coal mining company OKD. The mining company, which employs around 12,000, on Tuesday filed for insolvency with debts of around 17 billion crowns. Sobotka said later the government wants to stabilize the situation around OKD and ensure operations can continue. One of the main issues now being focused on is who the court will name as insolvency manager. This could have a major influence on how the company is managed in the interim before its final fate is resolved. Minister of Justice Robert Pelikán told Czech Television on Tuesday that the government wanted some say in the naming of the insolvency manager.