Archive news articles

Despite the persisting significant decline in global coking coal and steam coal prices Jastrzębska Spółka Węglowa has not abandoned its efforts to enhance performance. The Company commanded coal sales prices from its clients above the pertinent benchmarks. Production…

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 third quarter & 9 months of 2015 which will take place on 13 November 2015.

On October 20, 2015 the Supervisory Board of JSW S.A. completed the qualification process for the position of CEO without selecting a candidate.

Given the very difficult economic situation, JSW S.A. acting to prevent its bankruptcy, and thus depriving the crew of jobs, has decided that since 2015 the coal equivalent for pensioners will not be paid.

Today, that is on Wednesday, 16 September 2015, the JSW Management Board and representative trade union organizations operating in JSW namely: Zakładowa Organizacja Koordynacyjna NSZZ Solidarność JSW S.A., Związek Zawodowy Kadra Pracowników JSW S.A. and Federacja…

In connection with the resignation submitted on September 7th by Robert Kozlowski from the position of the Vice - President of the Management Board for Financial Matters at JSW SA, Dariusz Bernacki, the Chief Accountant of JSW S.A., was made responsible for economic…

In relation to information concerning the use of a "put option" by ING on the amount of approx. 75 million PLN (PLN 26,260,000 and US $ 12,950,000 plus accrued interest), the Company announces that the "put option" mentioned in the report may be exercised by ING Bank…

The Management Board of JSW SA hereby informs that on September 7th this year, Mr. Robert Kozłowski resigned from his position as Vice-President for Financial Matters at JSW .

On September 3rd CEO of JSW Edward Szlęk resigned from his position for health reasons. The Supervisory Board accepted his resignation. Edward Szlęk held the position of President of the listed company since 27 April this year, he was previously CEO of JSW Koks, part of…

The global coking coal market did not reach a turning point in the first half of 2015 as prices continued to fall. Coke prices were also lower than in previous periods. JSW’s response to these unfavorable market conditions entailed cutting unit costs further by ramping…

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 second quarter & first half of 2015 which will take place on 28 August 2015.

The Supervisory Board of JSW at a meeting on August 18 delegated Józef Myrczek, Chairman of the Supervisory Board to temporarily perform the duties of Vice – President of the Management Board of JSW for Strategy.

23 meters ... that is the actual depth of the reservoir built on the level - 830 in Pniówek coal mine. It would not be something unusual, for the mine already has one underground reservoir, but it is the construction that makes the difference. This time the roadheader…

In the first half of this year JSW mines produced 7.7 million tons of coal, including 5.4 million tons of coking coal and 2.3 million tons of coal for energy purposes.

JSW already has 160 MW of electricity generated by its own power sources based on coke oven gas and methane.115 MW is generated by power units and 45 MW by gas engines using gas from coal mine methane drainage. These powers enable the production of more than 1 TWh of…

In Budryk, belonging to JSW , the shaft deepening has been completed. The shaft has been deepened by 286 meters and now its depth is 1320 meters. - This is probably the deepest shaft in the Polish mining industry - says Jan Płaczek, Head of Production Planning,…

JSW conducted analysis related to the launch of extraction on Saturdays in the best walls. The aim is one - to increase coking coal output.

Within six months the headcount at JSW has decreased by 1,200 people, and by the end of the year should decrease by over 500 people more.

Since July 1 selling brand-name products of JSW capital group, namely coal, coke and coal derivatives is conducted by a subsidiary Polski Koks S.A., which acts in the name and on behalf of JSW.

These are employees who know best how to improve the functioning of the company, or where to save. This is the assumption of originators of the Employee Suggestion Program, which attracts unwavering interest among JSW employees.

In view of the false information appearing in the media we inform that JSW does not lay off its employees and does not intend to.

The Management Board of JSW S.A. announces that on 9 July this year the Supervisory Board of JSW S.A. dismissed from the Management Board of JSW Mr. Jerzy Borecki, acting as Vice-President for Technical Matters.

Organizational scheme of JSW Management Office has changed since 1 July 2015. The changes are designed to simplify and streamline the management of JSW and the whole Capital Group.

Coal mining in belonging to JSW coal mine "Knurów-Szczyglowice" is gradually returning to normal. On Friday, June 26 extraction of the wall XV in the 405/1 seam started. Its production capacity is estimated at almost 4,000 tons of coal per day. And most importantly, it…

A modern methane drainage station has been commenced at Budryk mine. This is the second methane drainage station in this mine. The first was established several years earlier at shaft II. The second was built at shaft VI in Chudów.

The working group meeting was held yesterday, June 24 at the headquarters of JSW. Its aim is to develop a new unified Work Regulations for all employees of JSW. The next meeting is scheduled for Friday, June 26 at 9.00.

With reference to questions about the potential for raising capital by JSW S.A. on the capital market through a possible share issue the Board announces that at present the company does not conduct any works associated with this process.

Elections of the Presidium of JSW Supervisory Board IX term of office was held at the meeting, which took place on 17 June.

During the Ordinary General Meeting, which was held on the July 2, the following persons were appointed to the JSW S.A. Supervisory Board IX term of office:

The Management Board of JSW S.A. announces that on 18 May this year the Supervisory Board of JSW S.A. dismissed from the Management Board of JSW Mr. Grzegorz Czornik, acting as Vice-President for Sales.

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…

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 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…

On 20 April 2015 the Company’s Supervisory Board unanimously adopted a resolution to appoint, as of 27 April 2015, Mr. Edward Szlęk to the position of President of the Management Board.

The main factors describing the company’s operations in 2014 entail strengthening the JSW Group’s potential by acquiring the Knurów-Szczygłowice Mine holding high quality coking coal reserves, producing nearly 14 million tons of coal and launching the process of…

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 year 2014 which will take place on 20 March 2015

According to information received at the Registry of the District Court in Gliwice II Civil Department of the Faculty in Rybnik, the Court issued an order granting security of JSW.

According to information collected from mines 4 776 people out of

26 296 people employed in JSW currently is on strike. Absenteeism among the crew (leave and sick leave) is 53.5%.

Management board of JSW SA referring to the decision of the Strike and Protest Committee about the strike at JSW works on January 28, 2015 states that this strike is illegal as defined in the Act on solving disputes.