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

Tunneling technologies and mine safety

A seminar organized by the Main Committee on Mining Construction under the Executive Board of the Association of Mining Engineers and Technicians was held at JSW. Experts, practitioners and industry leaders discussed, among other things, the use of tunneling…

Update on the candidacy for the JSW S.A. Management Board

Jastrzębska Spółka Węglowa S.A. hereby reports that it has received a statement from Mr. Adam Rozmus, currently serving as Vice-President of the Management Board for Technical and Operational Matters and Acting Vice-President of the Management Board for Development,…

One-Off Cash Severance Payments launched

Last Friday, a subsidy agreement was signed between JSW SA and the Ministry of Energy, paving the way for the launch of the One-Off Cash Severance Payment program. As previously announced, the program has been implemented and, as of today, 526 people have taken…

JSW S.A. and the Ministry of Energy have signed an agreement regarding the implementation of a program providing one-off cash severance payments to the Company’s employees

Jastrzębska Spółka Węglowa has entered into a subsidy agreement with the Ministry of Energy, thanks to which the Company’s employees will be able to begin receiving the one-off cash severance payments provided for in the amended Act on the Functioning of the Hard Coal…

JSW and Regional Mining Authority committed to safety. A series of knowledge-sharing meetings has begun

Cooperation between Jastrzębska Spółka Węglowa and the Regional Mining Authorities in Rybnik and Katowice is gaining momentum. Both institutions have already held their first meetings as part of a partnership aimed at building a sustainable model of cooperation based on…

JSW is a leader in methane emissions reduction technologies

Jastrzębska Spółka Węglowa is implementing a series of projects and capital expenditure programs aimed at increasing methane capture and utilization. The total capital expenditures dedicated to reducing methane emissions and generating energy from captured gas exceeded…

More news