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.
Lubelski Węgiel Bogdanka has become the Main Sponsor of the LUK Lublin team, which plays daily in PlusLiga, the highest class of men's volleyball competition in Poland. The agreement, signed on 17 February at the company's headquarters, will last until the end of the 2022/2023 season.
Increasing the share of energy generated from renewable sources in the local energy mix, supporting the local development of businesses with high electricity demand in the process of optimizing the costs and reducing their carbon footprint are among the main goals of the activities of the Łęczyński Energy Cluster, established on Friday, 17 February 2023. The agreement on the matter was signed at the headquarters of the leader, Lubelski Węgiel Bogdanka S.A.
Regarding media speculations, the Company reports that in early February it began work on longwall 3/VII/385, which was squeezed last September and where efforts were underway to resume mining.
On Tuesday, 7 February 2023, at the university's headquarters, Lubelski Węgiel Bogdanka and the State Academy of Applied Sciences in Chełm signed a letter of intent on cooperation as a platform for effective cooperation between the science and business sectors.