Feb 19 • 03:34 UTC 🇵🇱 Poland Rzeczpospolita

The crisis in mining shakes the suppliers' industry. Thousands of jobs at risk

The declining demand for coal in Poland is posing significant challenges for the mining suppliers' sector, threatening thousands of jobs while companies call for state support.

The recent downturn in coal demand is severely impacting Poland's mining suppliers, as the mining sector reduces investments in machinery and services. Major mining companies like Jastrzębska Spółka Węglowa (JSW) have announced cuts in their investment plans, which further exacerbates the challenges for associated industries. According to reports, suppliers are calling for government assistance to promote domestic sales and to navigate the depressed market conditions.

As Poland's national coal production continues to decline, mining suppliers face increasing risks, including potential job losses in the thousands. Analyst projections indicate that major investment cuts from key stakeholders in the coal industry will restrain growth and financial stability in the supply chain. This situation necessitates strong governmental support and guidelines to sustain the mining service sector amid these economic uncertainties.

Industry leaders stress the importance of diversification and exploring opportunities within export and defense sectors to ensure the survival of the mining supply industry. They advocate for measures to enhance state and local support that could mitigate the effects of the crisis on this pivotal industry. By proposing new avenues for collaboration and investment, they aim to secure a more stable future for Polish mining suppliers, which are critical for the economic landscape in the country.

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