Strategic objectives
Our main strategic objective is to increase the value of the Group. One should mention the following among the partial objectives:
Securing access to coking coal deposits through development-oriented investments enabling the Group to reach new deposits and new mining levels.
Increasing the volume of coal output and sales to level above 18 million tons in 2030 and stabilizing coke production and sales at above 3.4 milion tons in 2018 - 2030.
Increasing the share of coking coal in total output to above 85% starting in 2020 - the QUALITY Program.
Optimizing the structure and level of costs by applying innovative solutions - the EFFICIENCY Program.
Implementing innovative technical and technological solutions affecting the efficiency of distinct processes.
Increasing added value through efficient use of hydrocarbons and striving to achive energy self-sufficiency by optimizing the consumption of energy.
Developing human capital, continuing to elevate safety standards and caring for the natural environment.
The Development Plan defines primary assumptions for the Group’s long-term development. The plan calls for executing developmental processes chiefly based on the development of core business, without precluding development through acquisitions of attractive assets and entities. The Group’s investment program assumes the execution of investment projects in 2018-2030 with a total value of roughly PLN 18.9 billion, assigning the highest priority to the following projects:
- developing mining activity,
- modernizing and optimizing the operation of the coke segment,
- ensuring energy self-sufficiency through the development of production capacities based on its own base of raw materials - byproducts of coal mining (methane) and producing coke (coke oven gas),
- improving the Group’s profitability and integrating its distinct business segments,
- implementing innovative technologies,
- growing operating efficiency in the core and auxiliary business.
Endorsement has been given to the highest priority having investment projects offering the highest profitability and strategic projects in core business that are crucial to build the Group’s competitive edge and lead to optimizing operating expenses