Following PLN 2bn in profits in 2011, JWS (Jastrzębska Spółka Węglowa) thanks to higher coal prices, is to decide on how much to share with its shareholders and with its employees. A decision on the matter is expected to be taken at the company’s general shareholder meeting, scheduled for later this month. If Poland’s Minister of Economy agrees, shareholders would get PLN 631m.”The amount of dividends is consistent with earlier agreements both with the owners and with workers,” said Jarosław Zagórowski, JSW’s chairman. JWC miners could receive PLN 130m in total, the equivalent of a month’s salary for each employee.
