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JSW union official suggests bankruptcy is imminent

15:02

JSW union official suggests bankruptcy is imminent
Source: Pexels

Jastrzębska Spółka Węglowa (JSW), a key Polish producer of coking coal, is facing a deepening financial crisis. According to union leader Bogusław Ziętek, the company burns through about PLN 500 million monthly from its stabilization fund, which could be depleted by mid-2025.

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