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18th European Economic Congress

Bogusław Oleksy, acting President of the JSW Management Board, attended this year’s European Economic Congress in Katowice. He participated in two expert panels: “Business Transformation 2030” and “Mining of the Future.”

photo: Wojciech Sury

The "Business Transformation 2030" panel focused on the challenges faced by companies operating in an environment of constant market, geopolitical and cost volatility. Bogusław Oleksy emphasized that a solid plan and clear communication are essential for JSW to successfully carry out the transformation.

“We are subject to a review of our cost structures in comparison with global competitors. Our main goal is to stay competitive – it is a difficult and long-term challenge. We have to rise to the challenge, because otherwise we will have trouble defending our market position, even though we are the only producer of coking coal in Europe," noted Bogusław Oleksy, acting President of the JSW Management Board.

As part of the Congress, Bogusław Oleksy also participated in the panel discussion entitled “Mining of the Future.” The discussion focused on the future direction of the mining industry and the challenges facing the sector. Considerable attention has been paid to Jastrzębska Spółka Węglowa, the only producer of coking coal in Europe that has been on the list of critical raw materials for over a decade. The panelists discussed, among other things, the role of coking coal in the energy transition and the future of the European mining industry. Bogusław Oleksy pointed out the lack of tools to support JSW.

“In our sector, there are no measures that could help Jastrzębska Spółka Węglowa. We should create not only domestic local content, but also European local content, which is still lacking. We need to take care of our own resources, because this is crucial in the event of supply chain disruptions,” emphasized Bogusław Oleksy, acting President of the JSW SA Management Board, adding: “Others focus on innovation, while we focus on EU regulations.” This has to change, or else we’ll be left without any industry. When market turmoil strikes, we are helpless, and Europe should be resilient in the face of extreme situations, because they will happen again. We need steady growth.”

The panel also addressed the impact of changes in the mining industry on regions and local communities. Discussions focused on retraining workers and leveraging unique mining expertise in new industries, as well as on how post-mining resources and waste can serve as the foundation for innovative, sustainable projects. Another key topic was the future of mining support companies and their role in the changing economy.

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