KHW and Jastrzebska Spolka Weglowa
(JSW) currently have almost equal shares in Polish coal production.
Polish state-run coking coal producer Jastrzebska Spolka Weglowa
SA (JSW) is also potentially interested in some NWR assets.
30 March 2011 - Poland on Tuesday named UniCredit (BIT:UCG), Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM) as global coordinators for the initial public offering of its coking coal miner Jastrzebska Spolka Weglowa
Polish coal producer Jastrzebska Spolka Weglowa
(JSW) is in exclusive negotiations to purchase 85% in state-run coke coal producer Victoria, with the exclusivity period to expire on 26 August, Reuters cited the treasury ministry as saying.
However, in March 2010, Kompania Weglowa, along with two other Polish coal producers: Katowicki Holding Weglowy and Jastrzebska Spolka Weglowa
announced that they were preparing a motion to apply for European Union protection due to the allegation that Russia was selling coal at dumping prices.
In September 2009 a source from the Treasury Ministry stated that the largest coking coal producer Jastrzebska Spolka Weglowa
(JSW) could be one of many companies considered for an initial public offering on the Warsaw bourse in 2011.
It complements the agreement already in place between owner of OKD New World Resources (NWR) and Jastrzebska Spolka Weglowa
to explore deposits in this region.