In the first quarter of this year, the Company, following the implementation of the liquidity improvement program, maintained a safe level of cash despite the continuing decline in global coking coal prices and a two-week long strike. In the period from January to March, the Company reduced its coal inventory by over 20 percent.
The Management Board of Jastrzębska Spółka Węglowa S.A. has the pleasure of inviting you to watch the Internet broadcast of the financial results of the JSW Capital Group for the first quarter 2015 which will take place on 15 May 2015
Yesterday, ie. March 31, 2015 Extraordinary General Meeting of Shareholders was held in Warsaw at which a representative of the Treasury - the majority shareholder of JSW SA - presented a declaration of revocation of the Company's Supervisory Board Mr. Adam Rybańca and the appointment of a Supervisory Board member Ms. Agnieszka Trzaskalska. Changes have been made pursuant to § 15 ust.12 and 13 of the Articles of Association.
The plan for the next two years? Rebuilding coking coal output of the coal type 35 to reach 10 million tons production capacity. It is this coal that has the largest sales and gets the highest price. The coming two years for the company is – as it was defined by the new head of JSW – „a to be or not to be”.