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There will be no conference

The Management Board of Jastrzębska Spółka Węglowa informs that in connection with the measures undertaken to prevent the spreading of the Coronavirus and considering the instructions and recommendations of the Ministry of Health, the Company will not organize a conference devoted to the Company’s 2019 financial results and the Strategy for JSW and the Group’s subsidiaries for 2020-2030.

[Translate to English:]
[Translate to English:]

A presentation comprising the highlights of the financial results in 2019 and a presentation devoted to the updated Strategy will be available on the Company’s website, in the Investor Relations tab.

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Memorandum of Agreement signed at JSW S.A.

Today (13 February), the Management Board of JSW S.A., together with the Representative Trade Unions and with the participation of Deputy Minister of State Assets Grzegorz Wrona, signed a Memorandum of Agreement on adjusting labor costs to the Company's current…

 The result of the referendum at JSW S.A.

In the referendum that ended today, JSW S.A. employees voted in favor of adopting the Suspension Memorandum of Agreement.

 Savings at JSW also at the level of Management and Supervisory Boards

Due to the difficult financial standing of JSW, the members of the Company's Management Board will request a reduction in their salaries so that it is adjusted to the Company's current financial situation.

 Announcement by the Ministry of State Assets

For many months, the management of the Ministry of State Assets has been consistently taking steps to develop an optimal remedy plan for Jastrzębska Spółka Węglowa, which is in a very difficult financial position.

 JSW has obtained approval from the Social Insurance Institution (ZUS) to pay contributions in installments

Jastrzębska Spółka Węglowa has received approval from the Social Insurance Institution to pay part of its contribution liabilities in installments.

 A referendum on the Draft Suspension Memorandum of Agreement to be held at JSW

Jastrzębska Spółka Węglowa S.A. announces the completion of negotiations and agreement on the terms and conditions for the Draft Suspension Memorandum of Agreement. The Memorandum of Agreement will aim to introduce temporary changes to the terms and conditions of…
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