Current State of Coal Mining Enterprises and Their Prospects

Abstract

Ukraine has 10% of proven coal reserves in Europe and 3% of the world. Delays in the reform of the coal industry are reducing the profitability of coal mining companies. Despite this, experts warn against ill-considered closure of coal mines.
 Generalization and analysis of the material on the current state and closure of Donbass mines, preliminary own research and field work in Donetsk-Makeyevka and Krasnoarmeysk coal districts were carried out.
 The proposed recommendations for the transformation of individual coal mining companies should start now, using grants from European countries. At the same time, it is necessary to take into account scientifically sound climatic, geological, environmental and economic factors to determine the directions of transformation of each individual mine, taking into account their features.
 It is advisable not to close mines with reserves, but to finance them to become profitable. Coal mining companies located within the city should be converted into parks, science and technology or technology parks, wind and solar EC. It is advisable to start the transformation process before the closure of the coal mining company, which will save jobs and create new ones.