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Partial release of JSW’s debt

By virtue of a decision by the Polish Development Fund, more than half of the preferential loan granted at the end of last year to Jastrzębska Spółka Węglowa under the government-sponsored program Financial Shield of the Polish Development Fund for Large Companies has been forgiven.

In December 2020, JSW obtained a PLN 173.6 million preferential loan. The Polish Development Fund has decided that part of this loan in the amount of PLN 89,175,000 will be forgiven.

In accordance with the rules of the Financial Shield of the Polish Development Fund for Large Companies, a maximum of 75 percent of what has been defined as the actual damage caused by the COVID-19 pandemic may be forgiven. The forgiveness has been granted at the request of JSW, whereas the decision on the amount to be forgiven is made in each case by the Polish Development Fund.

Other news

Innovations in education

JSW Group supports the development of employee skills. The role of the employer in the education process was discussed at the conference organized today (30 September) at the Pniówek mine by JSW and JSW Szkolenie i Górnictwo.

Aktualności JSW SAPress Release

Two of the six workers injured in yesterday's accident at the Przyjaźń Coking Plant in Dąbrowa Górnicza have already been discharged from the hospital. The condition of the others is stable, although one of the injured is in a pharmacological coma.

Coal sales in the Budryk mine – information for buyers

Starting next Monday (12 September) the Budryk mine returns to selling coal only during one shift. This is due to selling out the existing inventories of coal in the Orzech (Nut) range. Currently, sales will be conducted on the basis of current production, i.e. 180 tons…

EU millions for reduction of methane emissions at Jastrzębska Spółka Węglowa

 JSW S.A. announced the launch of new methane emission reduction programs with a budget of EUR 23 million at today's (7 September) conference “Methane from coal mines – current status and challenges.” The first project, the Methane Emissions Reduction Program, received…

Underground connection

Work is underway on a ventilation connection between the Budryk mine and the Knurów Section. The investment project will bring significant benefits to both mines in terms of improved safety, better utilization of resources, optimized production processes and shared use…

42nd anniversary of the Jastrzębie Agreement

The third of September marks another anniversary of the signing of the Jastrzębie Agreement, concluded between the workers and the communist government, ending the wave of strikes of the summer of 1980. This is one of the three August Agreements, which were among the…

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