The Sokolovská Coal Mine Has Recovered From Billions of Dollars of Losses and Is Stabilizing Its Economy. Bets on Gas as Well as Giant Batteries

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The energy and industrial colossus Sokolovská coal-fired and SUAS Group has had a year of fundamental transformation that stopped a free fall into the red. In 2024, the group faced a crushing $2 billion loss due to the upheaval in the energy market, last year's results already confirm a successful turnaround. The business has taken an economic breath and is starting to benefit from new activities.