Cao Son Coal Joint Stock Company: Stabilizing the management and production apparatus after the merger

Implementing the restructuring project of Vietnam National Coal - Mineral Industries Group for the period 2017-2020, on August 5, 2020, Cao Son Coal Joint Stock Company - Vinacomin and Tay Nam Da Mai Coal Joint Stock Company - Vinacomin merged. became Cao Son Coal Joint Stock Company - TKV. Since the merger, Cao Son Coal Joint Stock Company has promoted internal restructuring, arranging departments, workshops, and construction sites in an increasingly streamlined and efficient manner. This is the premise for Cao Son Coal to soon stabilize its management, production, and business apparatus and create jobs and income for workers.

Leaders of Cao Son Coal Joint Stock Company regularly hold dialogues to resolve policies for employees and promote the company's restructuring policy.

Immediately after the merger, the Company carried out procedures to establish construction sites, workshops, and departments; appointed management staff; received employees from the two companies; stabilized all organizational work so that the Company could operate normally from the first day and the first month. After the merger, Cao Son Coal Joint Stock Company - TKV organized production at two mines: Cao Son and Khe Cham II. From 2 management apparatuses with 28 departments after the merger, the Company reduced to 1 management apparatus with 14 departments and 25 construction sites and workshops. Currently, Cao Son Coal Joint Stock Company is the open-pit mining unit with the highest production scale and output in the Group (reaching over 5 million tons of raw coal/year) and currently has 3,296 employees.

On January 22, 2021, the Party Committee of Cao Son Coal Joint Stock Company issued Resolution No. 12-NQ/DU on continuing to lead and implement restructuring for the 2021-2025 period. The goal of the resolution is to build Cao Son Coal Joint Stock Company into an enterprise with advanced technology and a modern, highly specialized management model; a streamlined and reasonable labor organization structure; striving to increase labor productivity by at least 6%/year; and increase average income per capita by 5%/year. The issuance of this resolution is very timely, helping the Company closely follow the goal of promoting restructuring according to a suitable roadmap. Accordingly, the roadmap for the Company's organizational and production model for the 2021-2023 period is no more than 22 construction sites and workshops; in 2024, the number of focal points will be reduced to no more than 17 construction sites and workshops and in 2025, there will be 16 construction sites and workshops.

The Party Cell of the Labor Organization Department (Cao Son Coal Joint Stock Company) organized a thematic meeting on restructuring production organization in Khe Cham II area.

Recently implementing restructuring, on August 1, 2024, Cao Son Coal Joint Stock Company announced decisions on restructuring production organization according to the approved plan. The task of restructuring and arranging labor at the units took place in the context of the mining license at Khe Cham II mine expiring, completing preparations for mine closure to be used as a dumping site. Accordingly, from August 1, 2024, the Company dissolved Bridge and Road Mechanical Construction Site No. 2; merged the Network Station Workshop into Repair Workshop No. 1; merged the Transport Workshop 12 into the Transport Workshop 7.

In addition, the Company has issued decisions related to the transfer, arrangement, and assignment of cadres, employees, workers, equipment, machinery, and material assets of the units that have been urgently implemented by the Company in a streamlined manner, minimizing the number of focal points and specializing the management apparatus to effectively operate the Company's production and business activities.

Production opening of Cao Son Coal Joint Stock Company. Photo: Cong Minh (Contributor)

Comrade Pham Quoc Viet, Party Secretary and Director of Cao Son Coal Joint Stock Company, said: In the process of restructuring and reorganizing the organization, the Party Committee of the Company has directed the Party cells to do well in ideological work and mass mobilization work to create high consensus and unity from policies to implementation, creating the combined strength of the units. The Party Committee of the Company has resolutely implemented in accordance with the correct process and procedures, harmoniously and reasonably combining specificity with universality, between stable inheritance with innovation, development and efficiency. The organization must achieve the goal of requiring specialization in work, in accordance with reality. At the same time, promote the leadership role of the Party in the enterprise after restructuring; take care of and have policies for cadres in the restructuring process and implement a roadmap for a number of cadres.

It is expected that in 2024, the Company will allocate about 10 billion VND from the Welfare Fund to support and resolve retirement policies and arrange jobs for employees after restructuring... Thanks to good ideological work, transparency in personnel work, and democracy in selecting qualified, capable and ethical staff to assign tasks, the ideological situation of cadres, party members and employees has been stable so far, with no complaints or denunciations.

It is expected that from now until the end of 2024, Cao Son Coal Joint Stock Company will dissolve the No. 2 Screening and Consumption Site. In 2025, the Company will continue to merge the Mechanical and Electrical Department and the Transportation Engineering Department into the Mechanical and Electrical - Transportation Department. By 2025, the organizational structure of Cao Son Coal Joint Stock Company will have 13 departments and offices with 16 construction sites and workshops following the Group's model.

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