JSW updates its technical and economic plan for 2026
The document foresees the extraction of 13.3 million tons of coal, investments worth PLN 2.4 billion, and a reduction in employment by more than 4,000 employees.
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Producer of hard coking coal and coke
jsw.plLast updated
In short: JSW secured state-funded loans and launched a major restructuring plan to address severe liquidity issues and significant financial losses.
The document foresees the extraction of 13.3 million tons of coal, investments worth PLN 2.4 billion, and a reduction in employment by more than 4,000 employees.
Over two thousand employees have taken leave, and 668 people received severance packages, ensuring safe and continuous work for the remaining teams.
The site was transferred to the Mining Restructuring Company and fully closed in June 2025 after decades of operation.
1123 employees have benefited from a program financed by the state budget.
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JSW updated its plan for 2026. Total coal production 13.3 mln tons, group capex approx. 2.4 bln PLN, hedging instruments for 4248 employees.
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