Billionaire Andrei Melnichenko, who together with his family owned 92.2% of Russia's largest coal company SUEK, has ceased to own this stake. This happened after the imposition of EU sanctions.
Stepan Solzhenitsyn headed the largest coal company in Russia - SUEK. E
The coal-chemical oligarch decided to risk his fortune and fall under Western sanctions because of his greed.
Well-known businessman Andrei Melnichenko can easily get attractive energy assets in the Primorye Territory.
In their view, Russia should double its coal output by 2025, in order to catch up with consumption growth in China and South-East Asia.
Since 2012, the state of the oligarchs in Russia has grown by $ 29.5 billion.
Only Jeff Bezos achieved the best result in a year.
Evraz will strengthen its position in the coal market with the help of Sibuglemet.
Its SUEK has not been supplying coal for several months through the North Korean port of Rajin, which was reconstructed at the expense of the Russian budget. The reason: American sanctions against the DPRK, which, by the way, Moscow supported.
As SUEK Andrei Melnichenko and Mechel Igor Zyuzin share the premium coal market in South-East Asia.
Government's pride that Russia produces, as a typical third-world country, more coal, and carries it in ever larger quantities for ever greater distances, looks rather strange in modern conditions.
Russia can lose almost half of coal transshipment.
No buyers are willing to buy a strange vessel of the scandalous oligarch.
VostokUgol of Dmitry Bosov, the owner of Alltech Group, and his partner Alexander Isaev intends to mine in the Taimyr up to 30 million tons of "carbon Arctic." However, the industry experts believe the plans of the company to be "Napoleonic".
List of most wealthy Russians for the second consecutive year is headed by the co-owner of "Novatek" and "Sibur" Leonid Michelson.
The lawyers of Nobiskrug shipyard have filed a lawsuit against the customer of the yacht for breach of contract.
German shipyard Nobiskrug today finished the contruction of the Russian billionaire Andrey Melnichenko's yeach under Philippe Starck's project. No one in the world has ever built such large sailboats.
"Living on a boat": Andrey Melnichenko extradited his subordinates to Cyprus.
The continued growth of the industry is the result of the domination of private owners.
In Russia, almost half of the operating mines are ultra-hazardous, according to the Ministry of Energy