The collection of statements from JSW employees who express their desire to leave the mining and one-time severance payments was completed yesterday at the mines. In total declaration to use the shielding program was expressed by 1716 employees. 324 people declared their willingness to take one-time severance payments, the others will use the mining leave.
The year 2016 was for coking coal sector, a period of dynamic changes as regards demand and supply, and hence the price of this raw material. After almost three years of crisis producers of coking coal have seen a sharp rebound in coal prices. This had a huge impact on the financial results of the JSW Group, which, thanks to the effects of the restructuring and the results of the last quarter closed the year 2016 with a net profit of PLN 4.4 million.