Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW) announced that it has begun preparations for a comprehensive business restructuring process aimed at stabilizing its liquidity situation.
The initial stage of the restructuring process will focus on stabilizing the short-term and JSW medium-term liquidity. Key actions include:
- Agreement with social partners to align remuneration costs with the financial condition of the company.
- Development of new financing terms with credit institutions.
- Elaboration of potential measures support from the National Treasury.
Completion of this phase is planned by January 2026, JSW is expected to complete the recovery plan assumptions, roadmap document and simplified financial model by 31 October 2025 with the help of external consultants.
Long Term Forecast
The results of these preparatory efforts will form the basis of subsequent restructuring and turnaround activities, defining the long-term operating framework for both JSW and the JSW Group. The restructuring process marks a decisive attempt to restore financial stability and ensure the continued operation of one of Poland's largest coal mining and metallurgical enterprises.
