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Visit by Grzegorz Wrona, Deputy Minister of State Assets, to LW Bogdanka

Grzegorz Wrona, Under-Secretary of State at the Ministry of State Assets, paid a working visit to Lubelski Węgiel Bogdanka S.A. The meeting was attended by representatives of the Ministry, the management board of Enea and the management board of LW Bogdanka.

Discussions centred on the company’s current situation, the challenges facing the mining and energy sectors, and Bogdanka’s role in ensuring raw material security and the stability of fuel supplies to the energy sector. The importance of dialogue with shareholders, responsible management of the change process and maintaining the mine’s operational stability was emphasised.

The visit also included a meeting with representatives of the trade unions operating at LW Bogdanka. This provided an opportunity to discuss key social issues, the situation of employees and the challenges that will affect the operation of the company and the entire region in the coming years.

At the end of the visit, Deputy Minister Grzegorz Wrona, together with representatives of the management boards of Enea and LW Bogdanka, went underground at the Bogdanka Field, where he had the opportunity to gain first-hand insight into the specific nature of the mine’s operations and the conditions under which mining takes place.

LW Bogdanka S.A. highlights

Lubelski Węgiel Bogdanka S.A. is a leading hard coal producer in Poland that stands apart from its peers in terms of its modern and efficient mining. It is one of the largest Polish hard coal mines. Lubelski Węgiel Bogdanka S.A. chiefly conducts mining operations in terms of hard coal extraction, enrichment and sales. It supplies this raw material mainly to industrial offtakers. Supply contracts are long-term, and the product is sold to the commercial power sector and the industrial power sector.

The company has been listed on the Warsaw Stock Exchange since June of 2009. In August 2022, Lubelski Węgiel Bogdanka S.A. returned to listing on the WIG-ESG Index.

Since October of 2015 Bogdanka has been a member of the Enea Group, the second largest player on Poland’s electrical power market in terms of the generation of electricity, which manages the entire value chain on the electricity market ranging from fuel to the generation of electricity, distribution, sales (supply) and customer service.