Siberian Coal Energy Company

Created in 2001 . SUEK was based on the idea of ​​Russian entrepreneurs Andrei Melnichenko and Sergey Popov to consolidate disparate coal enterprises throughout Russia and create a large industrial holding. The formation began on the basis of coal mining enterprises in the Chita region, Buryatia and the Irkutsk region. In 2002, SUEK included enterprises in Khakassia and the Krasnoyarsk Territory, in 2003 in the Khabarovsk and Primorsky Territories and in the Kemerovo Region. The company is becoming number one in Russia in terms of coal production.

The first years of SUEK focused on the withdrawal of enterprises from the crisis, the repayment of billions of dollars of debt, the technical re-equipment of enterprises, the optimization of the sales system.

In 2004, coal and a number of Siberian energy companies were merged on the basis of SUEK.

In 2006, SUEK became the largest exporter of coal in Russia; The company is actively reforming its management system: an independent Board of Directors has been created, a Management Board has been formed, and a corporate code has been adopted.

In 2007, the company created the SUEK-REGIONS Fund to implement social and charity projects.

In 2007, the merger of the assets of SUEK and energy enterprises of Gazprom was announced. It was assumed that during the first half of 2007, these companies will create a joint venture in which they will bring electricity and coal assets. It was expected that Gazprom would receive 50% plus one share in the new enterprise, and SUEK - 50% minus one share. It was most likely that the Siberian Coal Energy Company would give all major energy and coal assets (with the exception of the networks) as a contribution to the joint venture, and the gas concern would give a stake in regional energy companies. ^[2] These plans alarmed a number of senior officials. The head of RAO "UES of Russia" Anatoly Chubais called them "a big mistake of the state", and the head of the Federal Antimonopoly Service Igor Artemyev said that his department would not approve this deal ^[3] . On June 9, 2008, a refusal to consolidate assets was announced ^[4] .

In 2008, the Vanino Bulk Terminal in the Khabarovsk Territory, one of the largest coal ports in Russia, began operation. The terminal was built from scratch by SUEK itself. In 2008, the first in Russia mine methane-fired power plant was launched at the SUEK "Named S. M. Kirov" mine.

In 2009, the first wireless communication, search and warning system in mines (“Granch”) began operation in the mines of SUEK.

In 2011, SUEK began development of a new Apsatskoye field in the Trans-Baikal Territory.

In March 2011, it was announced that an agreement was reached between the major shareholders, according to which Popov sold most of his stake in Melnichenko; the transaction was estimated at up to $ 2 billion ^[5] , in September 2011 this transaction was completed ^[6] .

In 2011, energy assets were removed from SUEK to the Siberian Generating Company (SGK) .

In 2012, SUEK became a major shareholder of Murmansk Commercial Sea Port JSC.

In 2014, under the project for the development of Far Eastern capacities, the Chegdomyn enrichment plant ^{[7] was} launched in Urgal ( Verkhnebureinsky district , Khabarovsk Territory).

By the end of 2016, for the first time in the history of the Russian coal industry (one production association), SUEK overcame the production bar of 100 million tons: 105.4 million tons. In 2017, production amounted to 107.8 million tons of coal.

In 2018, SUEK completed a deal to purchase a block of shares (99.94%) of the Siberian Generating Company (SGK). The corresponding entry in the register was made on August 27, 2018. As a result of the transaction, the share of SUEK in the authorized capital of SGK increased from 10 thousand rubles to 21 billion 398 million 784.9 thousand rubles ^[8] .

The main beneficiary of the company is the Russian entrepreneur Andrei Melnichenko , the companies owned by him own 92.2% of SUEK.

Chairman of the Board of Directors - Alexander Landia. General Director - Vladimir Rashevsky. In 2018, SUEK Director General Vladimir Rashevsky took the fourth place in the rating of capitalist directors published by Forbes magazine . According to experts, the Rashevsky shareholding in SUEK (7.8%) is estimated at $ 430 million ^[9] .

SUEK unites 15 mines and 12 opencast mines in Siberia and the Far East , producing about 27% of coal in Russia. In particular, the company owns Borodinsky , Nazarovsky , Berezovsky coal mines in the Krasnoyarsk Territory , coal mining enterprises in Kuzbass , Khakassia , Buryatia , Primorye, Transbaikalia, Khabarovsk Territory. SUEK also includes repair, service, transport enterprises, sales and research companies, Vaninsky bulk terminal.

SUEK owns a stake in the Murmansk Commercial Sea Port ^[10] .

SUEK enterprises employ 33.5 thousand people. Trading offices and representative offices are located in 10 countries. SUEK has 1,900 consumers in 42 countries.

SUEK supplies approximately 27% of Russian coal exports. SUEK's share in world coal exports is 5%.

It is one of the ten largest coal mining companies in the world. SUEK is the sixth largest company in the world in terms of proven coal reserves - 5.4 billion tons.

The annual investment in development is more than 20 billion rubles.

The company is one of the largest philanthropists and social investors in Russia. Social programs and projects covered 48 cities and towns of Russia.

Performance Indicators

In 2017, production amounted to 107.8 million tons of coal.

In 2016, production amounted to 105.4 million tons of coal ^[11] .

In 2014, production amounted to 98.9 million tons of coal ^[12] .

In 2013, the group’s production amounted to 96.5 million tons, which is 1% less than in 2012 (according to the company's annual report for 2013).

In 2012, SUEK enterprises produced 97.5 million tons of coal, which is 6% more than in 2011 (according to the company's annual report for 2012).

In 2011, SUEK produced 92.2 million tons of coal (an increase of 3% compared to 2010) ^[13] . Reserves as of mid-2008 - 5.8 billion tons. ^[4]

• Company official website
• Official site of CNIT SUEK