Brief: JSW Approves Recovery Program For 2026-2035
BRIEF-JSW Approves Recovery Program For 2026-2035 Sept 28 (Reuters) - Jastrzebska Spolka Weglowa S.A. JSW.WA:
APPROVES RECOVERY PROGRAM FOR 2026-2035 INCLUDING SUBSIDIARIES
RECOVERY PLAN AIMS TO SECURE 2.9 BILLION ZLOTYS IN FINANCING AND RENEGOTIATE TERMS OF EXISTING FINANCING
PLAN AIMS TO FOCUS ON STABILIZING PRODUCTION VOLUME AND INCREASING COKING COAL SHARE
RECOVERY PLAN FORESEES SALE OF SELECTED REAL ESTATE AND POTENTIAL DIVESTMENTS OF SELECTED ASSETS
RECOVERY PLAN AIMS TO MAINTAIN EXISTING MARKETS AND SECURING NEW ONES FOR COKING COAL AND COKE, WHILE ENSURING OPTIMAL COMMERCIAL TERMS
RECOVERY PLAN AIMS TO CONTINUE IMPLEMENTATION OF PROTECTIVE MEASURES UNDER ACT ON FUNCTIONING OF MINING INDUSTRY AND OPTIMIZING EMPLOYMENT STRUCTURE AND COSTS
UNDER RECOVERY PLAN SEES COAL EXTRACTION FOR 2027 AT 13.6 MILLION TONNES
UNDER RECOVERY PLAN SEES COAL EXTRACTION FOR 2028 AT 13.9 MILLION TONNES
UNDER RECOVERY PLAN SEES COAL EXTRACTION FOR 2029 AT 14.0 MILLION TONNES
UNDER RECOVERY PLAN SEES COAL EXTRACTION FOR 2035 AT 14.1 MILLION TONNES
Source text: ID:nEM1lW8Cqa
Further company coverage: JSW.WA
(Gdansk Newsroom)
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