Ikona BIP Ikona Portal Pracownika Ikona poczty Facebook Twitter Instagram Youtube Linkedin RSS Ikona szukania PLEN

President of Poland signs an amendment important for JSW

President Karol Nawrocki signed an amendment to the Act on the System of Development Institutions, which will enable the Industrial Development Agency (ARP) to grant loans to strategic enterprises, primarily Jastrzębska Spółka Węglowa. The new regulations are intended to help the Company maintain its financial liquidity and carry out restructuring measures.

The main objective of the amendment is to establish a legal framework for providing financial support to companies of significant importance to the national economy that are facing economic difficulties. Among them, JSW holds a prominent position – it is the largest producer of coking coal in the European Union and one of the leading producers of coke used in steelmaking.

Under the new regulations, loans from ARP may be used to reorganize companies, reduce operating costs and optimize organizational structures. To receive support, the company must submit a remedy program and demonstrate its ability to repay its debts.

Last fall, JSW’s management board announced that, without the implementation of anti-crisis measures, the Company could face a loss of financial liquidity as early as March 2026. In response, a restructuring plan was developed that includes cost cuts and a simplification of the JSW Group’s structure.

As part of its restructuring efforts, in February 2026, JSW also reached an agreement with the trade unions regarding the reduction of labor costs. In addition, in March, ARP acquired two subsidiaries from JSW – Przedsiębiorstwo Budowy Szybów and Jastrzębskie Zakłady Remontowe – for more than PLN 1 billion. The proceeds from the transaction are intended to support the implementation of the JSW Group’s restructuring plan.

Other news

JSW with a loan of more than 824 million zlotys

Jastrzębska Spółka Węglowa SA has signed an agreement with the Industrial Development Agency (ARP) regarding a loan under the amended Act on the System of Development Institutions. The total funding amounts to PLN 824 million, and the funds will be disbursed in…

JSW Group’s operational data for Q2 2026

In Q2 2026, the JSW Group reported stable production and higher sales prices, and achieved nearly half of its annual production target.

First employees to take mining leave at JSW

On 1 July 2026, at Jastrzębska Spółka Węglowa, the first group – 1,123 employees – took advantage of the program offering mining leave, which was launched following the signing of a subsidy agreement between JSW and the Ministry of Energy.

A subsidy agreement for mining and processing leave at JSW has been signed

Jastrzębska Spółka Węglowa SA has signed a subsidy agreement with the Ministry of Energy regarding the financing of employees taking mining leave and leave for coal preparation plant employees. It is projected that in 2026, 3,092 JSW workers will take the leave. The…

JSW SA with a concession to explore the Dębieńsko 1 deposit

The Minister of Climate and Environment has granted Jastrzębska Spółka Węglowa SA a concession to explore for hard coal and methane in the Dębieńsko 1 deposit. This is a strategic step that paves the way for a significant increase in coking coal reserves and extends the…

New JSW SA Management Board of the 12th term of office

Yesterday (10 June) the JSW SA Supervisory Board appointed Adam Rozmus to the position of Vice-President of the Management Board for Technical and Operational Matters.

More news