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JSW strike suspended

PR dla Zagranicy
Roberto Galea 14.02.2015 10:05
Miners' unions at Jastrzębska Spółka Węglowa have come to an initial agreement with company management.
JSW president Zagórowski has offered to step down if miners come to work on Monday. Photo: PAP/Marek ZimnyJSW president Zagórowski has offered to step down if miners come to work on Monday. Photo: PAP/Marek Zimny


The decision to suspend the strike which has lasted since 28 January was taken on Friday evening.

JSW's head of the management board, Jarosław Zagórowski has announced that he is ready to step down if the unions treated a preliminary agreement signed on Friday as the final deal.

Other conditions set by Zagórowski, include the miners turning up to work on Monday, and the introduction of a six-day week, meaning workers would mine for coal between Monday and Saturday.

“If the union leaders are able to achieve that, then I wish to inform you that I will hand in my resignation to the chairman of the board,” Zagórowski told a news conference.

Unions had called for an indefinite strike of JSW miners calling for the resignation of Jarosław Zagórowski.

Since the beginning of the strike, the company has lost around PLN 30 million (USD 8.17 million, EUR 7.17 million ) a day.

Following the news of a deal on Friday, the shares in JSW, the EU's largest coking coal producer, rose by as much as 11 percent. JSW shares are part of the bluechip WIG30 index. (rg)

Source: PAP, TVN, Reuters

tags: jsw, miners, strike
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