Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023
The article analyzes the financial and economic condition of Polish coal mining producers during the period 2020–2023. Based on the analysis, selected developmental and corrective perspectives for the sector were identified. The study encompassed the financial reports of six key coal mining producer...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Polish Economic Society
2024-12-01
|
| Series: | Ekonomista |
| Subjects: | |
| Online Access: | https://ekonomista.pte.pl/Ocena-zagrozenia-finansowego-i-perspektyw-naprawczych-polskiego-sektora-gornictwa,188775,0,2.html |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850254519843160064 |
|---|---|
| author | Jędrzej Mateusz Siciński |
| author_facet | Jędrzej Mateusz Siciński |
| author_sort | Jędrzej Mateusz Siciński |
| collection | DOAJ |
| description | The article analyzes the financial and economic condition of Polish coal mining producers during the period 2020–2023. Based on
the analysis, selected developmental and corrective perspectives for the sector were identified. The study encompassed the financial
reports of six key coal mining producers in 2018–2022, employing various research methods: statistical methods, analysis and synthesis,
and literature review analysis. An original approach to measuring windfall gains was also proposed. The period of high volatility in
coal prices and a series of market disruptions created opportunities for the creation of windfall profits for producers, which were
materialized through extraordinary surpluses in profitability. Symptoms of neutralizing developmental barriers in the industry emerged,
which had previously significantly influenced the erosion of the financial condition of producers. These included the announced
embargo on Russian coal, the overall increase in coal prices, and the increased bargaining power of producers due to disruptions in
the supply of other energy resources. This led to the financial stabilization of coal entities and reduction in the risk of bankruptcy. |
| format | Article |
| id | doaj-art-6ed924bc45bd413a9732f3ad8b58bfb7 |
| institution | OA Journals |
| issn | 0013-3205 2299-6184 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Polish Economic Society |
| record_format | Article |
| series | Ekonomista |
| spelling | doaj-art-6ed924bc45bd413a9732f3ad8b58bfb72025-08-20T01:57:08ZengPolish Economic SocietyEkonomista0013-32052299-61842024-12-01448350210.52335/ekon/188775188775Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023Jędrzej Mateusz Siciński0https://orcid.org/0000-0001-6810-3792Katedra Strategicznego Rozwoju, Uniwersytet Gdański, Wydział Zarządzania, PolskaThe article analyzes the financial and economic condition of Polish coal mining producers during the period 2020–2023. Based on the analysis, selected developmental and corrective perspectives for the sector were identified. The study encompassed the financial reports of six key coal mining producers in 2018–2022, employing various research methods: statistical methods, analysis and synthesis, and literature review analysis. An original approach to measuring windfall gains was also proposed. The period of high volatility in coal prices and a series of market disruptions created opportunities for the creation of windfall profits for producers, which were materialized through extraordinary surpluses in profitability. Symptoms of neutralizing developmental barriers in the industry emerged, which had previously significantly influenced the erosion of the financial condition of producers. These included the announced embargo on Russian coal, the overall increase in coal prices, and the increased bargaining power of producers due to disruptions in the supply of other energy resources. This led to the financial stabilization of coal entities and reduction in the risk of bankruptcy.https://ekonomista.pte.pl/Ocena-zagrozenia-finansowego-i-perspektyw-naprawczych-polskiego-sektora-gornictwa,188775,0,2.htmlenergy transformationcoal mining sector in polandwindfall gainsearly warning systemsbankruptcies and restructurings |
| spellingShingle | Jędrzej Mateusz Siciński Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023 Ekonomista energy transformation coal mining sector in poland windfall gains early warning systems bankruptcies and restructurings |
| title | Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023 |
| title_full | Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023 |
| title_fullStr | Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023 |
| title_full_unstemmed | Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023 |
| title_short | Assessment of Financial Risk and Remedial Perspectives for the Polish Hard Coal Mining Sector in the Era of Dynamic Geopolitical Changes 2020–2023 |
| title_sort | assessment of financial risk and remedial perspectives for the polish hard coal mining sector in the era of dynamic geopolitical changes 2020 2023 |
| topic | energy transformation coal mining sector in poland windfall gains early warning systems bankruptcies and restructurings |
| url | https://ekonomista.pte.pl/Ocena-zagrozenia-finansowego-i-perspektyw-naprawczych-polskiego-sektora-gornictwa,188775,0,2.html |
| work_keys_str_mv | AT jedrzejmateuszsicinski assessmentoffinancialriskandremedialperspectivesforthepolishhardcoalminingsectorintheeraofdynamicgeopoliticalchanges20202023 |