You're reading: Yanukovych says coal industry needs modernization

The coal industry needs to be modernized, Ukrainian President Viktor Yanukovych has said.

“Our coal industry needs [modernization] – that’s the priority task
of our government today,” Yanukovych said at the events to mark the 80th
anniversary of Donetsk region on Friday in Donetsk.

“People have been thinking for a long time that coal is an energy
source of the past. Modern processes on the world energy market show
that this is far from the truth. We have to settle difficult problems,
problems that have been building up in the coal industry for years, and
need to be tackled today,” the head of state said.