Published by: Jarosław Adamowski
Investment plan Polish coal miner JSW S.A. has unveiled plans to allocate PLN 124.5 million (€29.5 million) to finance its investment pr ogramme in the coming years.
The decision was taken at a recent general shareholders’ meeting which decided to set aside the funds from the company’s profit for 2016.
Last year, JSW reported a net profit of close to PLN 372 million (€88.1 million), the coal miner said in a filing to the Warsaw Stock Exchange (WSE). The remainder of the net profit will be allocated to the company’s reserve capital.
