Poland sacks CEO of State-run coal miner JSW, shares tumble

The CEO of Polish State-run coking coal producer JSW was sacked by the energy ministry on Tuesday following a dispute over strategy.

Shares in the company fell more than 6% on the news, which added to broader investor concerns that Poland’s government is interfering in state-run and listed companies to use them for political projects, including investment designed to sustain the coal industry.