Archive news articles

On August 30, the day after signing the agreement with JSW Bondholders, the Management Board presented the main lines of the optimization activities for the years 2016-2025, which will be implemented by JSW in order to improve the financial results of the Capital…

In the presence of Minister of Energy Krzysztof Tchórzewski in Warsaw - an agreement was signed between the Management of Jastrzębska Spółka Węglowa (JSW) and the Bondholders - PKO BP SA, BGK, PZU SA, PZU Życie SA. It concerns the conditions for continued operation of…

The investment, that will let Budryk save more than PLN ten million a year has just been completed.

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 half & second quarter of 2016 which will take place on 30 August 2016.

On August 8 the Board of JSW adopted a resolution to initiate the transfer of Krupiński mine in Suszec to the Mines Restructuring Company by the end of January 2017. This is one of the elements implemented in JSW within the recovery plan.

2 794 people from the mines of JSW declared the desire to leave the mining and get severance payments. This is more than expected. Employees who decided to go to the Spółka Restrukturyzacji Kopalń ( Mine Restructuring Company) will benefit from the protective package.

The auditing team, set up at the initiative of the Minister of Energy, presented the results of their work on the activities of JSW to the social side. The meeting was held on July 18, 2016 r. At the headquarters of JSW in the presence of Minister of Energy Krzysztof…

On July 8 this year Jastrzębska Spółka Węglowa concluded preliminary agreement with the Industrial Development Agency and Financial Society "Silesia" on the sale of all the shares of Wałbrzyskie Zakłady Koksownicze Victoria S.A. held by JSW.

Today Jastrzębska Spółka Węglowa S.A. and PGNiG S.A. TERMIKA concluded a preliminary agreement to sell 100 percent of the shares of Spółka Energetyczna "Jastrzębie" S.A. SEJ. The price for the shares was set at the amount of PLN 371,820,957.00.

Industrial Development Agency S.A. (ARP) together with the Financial Association "Silesia" Sp. o.o. and Jastrzębska Spółka Węglowa S.A. signed an agreement on the "Key Conditions to the Investment Agreement of Wałbrzyskie Zakłady Koksownicze Victoria S.A.".

Despite the difficult financial situation and costs reduction in many areas, Jastrzębska Spółka Węglowa does not reduce spending on safety. More than PLN 736 million will be spent on prevention of occupational health and safety in 2016 including over PLN 515 million for…

The construction of the reservoir with a capacity of approximately 4 thousand tons of excavated material has just been accomplished in belonging to JSW Pniówek mine. A modified roadheader has been used for the drilling what allowed the complete elimination of blasting,…

Thanks to the entry into force of the agreement with the social side the company significantly reduced costs in the first quarter of this year. Despite the lowest benchmark prices for premium coking coal since the IPO, JSW capital group EBITDA amounted to PLN112…

The JSW Supervisory Board at the meeting on May 6 completed the qualification procedure and selected the members of the board of JSW S.A. IX term of office.

Jastrzębska Spółka Węglowa may treat 2015 as one of the most challenging years in its operating history. The JSW Group closed last year with a net loss of PLN 3,285.2 million, though EBITDA after cleansing it of non-recurring events was up 12.9% over last year to PLN…

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 2015 which will take place on 29 April 2016

On March 17 employees of JSW S.A. elected their representative for the Management Board of the company. As result of the elections held in all JSW works, Artur Wojtków re-enters the composition of the Management Board of IX term.

On Friday, March 4, at the JSW headquarters energy minister Krzysztof Tchórzewski held a meeting with trade unions representatives and the management board of JSW.

In Q4 2015, Jastrzębska Spółka Węglowa produced more coal than in the preceding quarter and it posted higher revenues. Despite the continuing declines in coal prices, the Company maintained its selling prices to customers at levels slightly higher than benchmark prices.…

A modern winding machine was installed at the shaft I in Budryk mine. It will operate in the mining skip shaft, in a the southern range of the shaft I.

On February 8 the JSW Supervisory Board adopted a resolution on dismissal with immediate result from the Management Board Mr. Aleksander Wardas, acting as Vice-President of the Management Board for Technical Matters. The Supervisory Board did not give the reason of its…

On 3 February 2016 President of the State Mining Authority Mirosław Koziura met the presidents of the management boards of coal companies.

In 2015 JSW S.A. paid almost 1.4 billion of taxes and fees. Through the revenue office the state budget received more than 335 million of personal income tax, corporate income tax and VAT.

Significant number of employees left the JSW in 2015. Over the year, employment decreased by 2,041 people - 1,639 working underground and 402 on the surface.

JSW Management Board and the company’s representative trade unions concluded on January 13 this year agreement on the principles of calculation and the payment date of 14th salary for the year 2015.

ON December 17, 2015 the JSW Supervisory Board unanimously elected Tomasz Gawlik as CEO of JSW S.A. VIII term.

Archbishop Celestino Migliore, the papal nuncio together with the Archbishop of Katowice Wiktor Skworc visited the crew of Borynia- Zofiówka – Jastrzębie mine, Jas-Mos Site in Jastrzębie-Zdrój.

Launched at JSW in January 2014 the first training and educational platform website in Polish mining "Foreman Zone and more" attracts unwavering interest not only among the company's employees, but also institutions and universities.

The final of the sixth edition of the competition in the field of knowledge of the rules and safety regulations for the Cup of the President of JSW took place on Friday, November 6.

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.