Brief: JSW Starts Preparations For Business Restructuring

Jastrzebska Spolka Weglowa SA

13/10/2025 06:11

Oct 13 (Reuters) - Jastrzebska Spolka Weglowa SA JSW.WA:

SAID ON SATURDAY IT HAS STARTED PREPARATIONS FOR BUSINESS RESTRUCTURING PROCESS

PROCESS AIMS TO STABILIZE COMPANY'S "VERY DIFFICULT LIQUIDITY SITUATION"

FIRST STAGE INCLUDES TALKS ON WAGES AND TALKS WITH BANKS ON NEW FINANCING TERMS

IT WILL ALSO WORK ON POSSIBLE FORMS OF SUPPORT FROM THE STATE TREASURY

IT WILL FINALIZE RECOVERY PLAN ASSUMPTIONS BY OCT. 31, 2025

FIRST STAGE OF RESTRUCTURING IS PLANNED FOR COMPLETION BY END-JANUARY 2026

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 Further company coverage: JSW.WA

 (Gdansk Newsroom)

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