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7,2% increased Russian Coal 2015 revenue - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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At 7,2% increased revenue in 2015 r "Russian Coal"

Recorded since the company was founded, the volume of production - more than 14,3 million tons reached in 2015, "Russian Coal". Leaders in terms of growth in shipments of steel were the Amur Region (+ 9%) and the Krasnoyarsk Territory (+ 17%)

At 7,2% increased revenue in 2015 r "Russian Coal"
Special project Coal of the East of Russia
The company's balance sheet reserves for the year increased by 33% and now amount to 1,2 billion tons of coal. The total revenue of the company in 2015 was about 19 297 million rubles, which is 7,2% more than 2014.

The shipment volume of “Russian Coal” in 2015 was 13,3 mln. Tons.

According to the press service of the company, Krasnoyarsk Territory (+ 17%) and Amur Oblast (+ 9%) are the leaders in growth rates in steel shipments. 11,25 mln. Tons of “D”, “G”, “3B” and “2B” types of coal were supplied to the domestic market of the Russian Federation. Of these, 29% went to the needs of utilities, 66% went to energy sector enterprises and 5% went to federal consumers. Exports amounted to 43% of the total supply of coal products of grades "D" and "G". The main export directions of the company were Poland, South Korea, Japan, China, Great Britain, Bulgaria and Lithuania.

In 2015, there have been changes in the structure of the company's assets. "Russian Coal" has completed the consolidation with OJSC "Krasnoyarskkrayugol", due to which the company included sections Pereyaslovskiy, Sayano-Partizansky and Abansky, and also sold its Kuzbass assets - sections Evtinsky and Zadubrovsky - to a private investor. The amount of transactions was not disclosed.

In 2016, the experts of Russky Ugl predict that world prices for coal products will remain low and domestic demand will decrease. However, the company does not plan to reduce the volumes of coal production and shipment.
In the 1 quarter of this year, at enterprises of the Russian Coal, 3,6 million tons of coal were mined. The volume of shipment was 3,4 million tons.

In the long term, Russian Coal will increase the production capacity of enterprises in the Krasnoyarsk Territory to 10,3 million tons. Production capacity of open-pit mines in the Amur Region will increase to 4 mln. Tons, depending on the needs of the Blagoveshchenskaya TPP, and in the Republic of Khakassia - to 5 mln. Tons.

The company plans to develop the enrichment of coal. Russky Ugol plans to increase the production capacity of the coal preparation plant in Khakassia, where 2015 million tons of coal were processed in 3,3, and is also considering the possibility of building a processing plant in the Krasnoyarsk Territory on the Sayano-Partizansky open-pit mine.

One of the strategic priorities for the company is cost optimization, which allows it to maintain its profitability in today's difficult economic conditions. In 2015, the economic effect of optimization was about 660 mln. Rub.

According to the management, the optimization program will not affect the charitable projects of the company. In 2015, "Russian Coal" transferred about 77 million rubles to charity projects in the regions of its presence.