As time passes, the ongoing downturn in the market and the resulting deterioration in the company's financial standing are limiting the availability of financial instruments that could be used to rescue it.
Therefore, the Ministry of State Assets, as a co-owner of JSW S.A., is counting on a positive outcome of Thursday's referendum organized by the trade unions and on the signing of the memorandum of agreement. This will enable the company to raise financing, which will ensure its financial liquidity and allow it to continue its operations, as well as protect jobs.
