The JSW Group is the largest producer of high quality hard coking coal in the European Union and one of the leading producers of coke used for smelting steel. Production and sale of coking coal and production and sale of coke and hydrocarbons constitute JSW Group’s core business.
Coal extracted by the JSW Group, mainly coking coal, is used in Central Europe by local steel mills owned by international steel producers and regional utilities. The high-quality coke produced by the JSW Group is also sold on the global market. The main customers of the JSW Group’s products are from Poland, Germany, Austria, the Czech Republic, Slovakia, Italy and India. Approximately 50% of coking coal produced by the JSW Group is processed in its own coking plants. As a result, the Group ultimately offers more processed and higher value products.
Jastrzębska Spółka Węglowa S.A. was established on 1 April 1993 as one of seven coal companies established at the time. It was made up of seven independently operating mining enterprises which were transformed into a wholly-owned State Treasury company. JSW’s shares were listed on the Warsaw Stock Exchange for the first time on 6 July 2011.
JSW SA operates in the Upper Silesia Region. It currently consists of five coal mines: Borynia-Zofiówka, Budryk, Jastrzębie-Bzie, Knurów-Szczygłowice and Pniówek, which produce coking coal, and the Production Support Unit. Major companies with equity links to JSW SA include: JSW KOKS SA, JSW Innowacje SA, Jastrzębskie Zakłady Remontowe Sp. z o.o., Jastrzębska Spółka Kolejowa Sp. z o.o., JSW IT SYSTEMS Sp. z o.o. and Przedsiębiorstwo Gospodarki Wodnej i Rekultywacji S.A.
In 2019 the JSW Group’s mines produced 14.8 mt of coal and 3.2 mt of coke.
JSW SA’s mines have a total of approx. 6.7 billion tons of resources of coal, including approx. 1 billion tons of recoverable coal reserves. The Group intends to enlarge its base of recoverable reserves in order to maintain a strong position in international markets for several coming decades.
The JSW Group is one of the largest employers in Poland. At the end of 2019, it employed in aggregate staff of 30,629, of which over 22 thousand in Jastrzębska Spółka Węglowa itself.