LW Bogdanka S.A. has published its Q1 2023 financial results. The LW Bogdanka Group’s revenue climbed 28.5% in this period to PLN 940.7 million from PLN 731.8 million last year. EBITDA was PLN 291.6 million (up by 5.5%), operating profit was PLN 155.8 million and net profit was PLN 126.2 million.
Lubelski Węgiel Bogdanka has published a new strategy for 2023-2030 with an outlook until 2040. The document outlines the key directions of development and transition for Bogdanka. The Company aims to create an innovative multi-commodity concern to drive green transition and secure the economic development of the Lublin region.
On Wednesday, 5 April 2023, Lubelski Węgiel Bogdanka S.A. and the GKS Górnik Łęczna Association signed a letter of intent regarding cooperation to strengthen the potential of the Górnik Łęczna Sports Club, one of whose main goals will be to achieve further sporting success.
The Minister of Climate and Environment Anna Moskwa spoke about maintaining the role of Polish coal as a fuel for the available power stabilizing the Polish Power System at Lubelski Węgiel Bogdanka S.A.
LW BOGDANKA S.A. has published its financial results for 2022. Consolidated revenues for the period were PLN 2,451.7 million, EBITDA stood at PLN 610 million, operating profit was PLN 200.3 million and net profit was PLN 175.6 million.
Bogdanka has become the main sponsor of the “Lubelskie Perła Polski” cycling group, which brings together cyclists in the Orlik U-23 category. The cycling group from Lublin includes a cyclist from Poland’s national team, current junior track cycling world champion and vice-champion Dominik Ratajczak. The signing of the agreement, in the presence of legendary cyclist - world champion and Olympic silver medalist Zenon Jaskuła - took place on Monday, 20 March 2023 in Lublin.
The State Treasury will buy out the shares of Lubelski Węgiel Bogdanka. The mine acquisition process should be completed this summer. Mine authorities say the decision will, first and foremost, ensure energy security for a significant area of Poland. In addition, the changes will give a dynamic boost to the Company's ambitious new strategic goals.
The presentation of awards in the rECOnstructor environmental competition took place at the headquarters of LW Bogdanka S.A. on 9 March. The main goal of the project was to educate children and young people to take action based on the idea of zero waste and to introduce habits that protect the natural environment.
Last week, Lubelski Węgiel “Bogdanka” S.A. successfully launched hard coal extraction on a new, highly efficient coal-cutting longwall in the Stefanów Field. It means that at present the coal mine operates three walls, in keeping with the earlier planned work timetable.
LW Bogdanka confirms that the current hydrological situation in longwall 3/VII/385 is under the control of the mine's services, and the water inflow is not increasing.
Hydrological situation in longwall 3/VII/385 under control of the mine’s services.