Siberian Coal Energy Company
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Siberian Coal Energy Company
Siberian Coal Energy Company (SUEK) is a coal and energy company based in Russia. SUEK is Russia’s largest coal supplier. The company was founded in 2001, it is headquartered in Moscow. The full official name is Joint-Stock Company Siberian Coal Energy Company (SUEK JSC). The CEO of the company is Stepan Solzhenitsyn, son of novelist Aleksandr Solzhenitsyn. History SUEK was based on the idea to consolidate disparate coal enterprises throughout Russian regions into an industrial holding in the early 2000s. The assets that formed SUEK were distressed – the production capacity was less than 30 million tons per year, the enterprises employed 70,000 miners yet productivity was low, and virtually none of its output was exported. Amid the collapse of mining businesses and widespread miners strikes due to unpaid wages and poor working conditions, the average equipment depreciation was 90%. During the early years of the business, SUEK’s assets were renovated and debts were repa ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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Andrey Melnichenko (industrialist)
Andrey Igorevich Melnichenko (russian: Андрей Игоревич Мельниченко; be, Андрэй Iгаравiч Мельнічэнка; born 8 March 1972) is a Russian billionaire entrepreneur. He is the founder and ex-beneficiary of fertilizer producer EuroChem Group and coal producer SUEK, and was a non-executive director in both companies until 9 March 2022. ''Forbes'' and ''Bloomberg'' estimated his net worth at $15.8 billion and $17.4 billion respectively, which makes him one of the richest persons in Russia. After the Soviet Union fell, he began trading currency with two friends while a physics student at Moscow State University, and then registered a bank, MDM Bank. Melnichenko took an interest in the commodities market and began buying assets in coal and fertilizers, with the acquisition of plants and mines, many of which were distressed. He founded fertilizer producer Eurochem and coal energy company SUEK. Early life and education Melnichenko was born ...
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Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million residents within the city limits, over 17 million residents in the urban area, and over 21.5 million residents in the metropolitan area. The city covers an area of , while the urban area covers , and the metropolitan area covers over . Moscow is among the world's largest cities; being the most populous city entirely in Europe, the largest urban and metropolitan area in Europe, and the largest city by land area on the European continent. First documented in 1147, Moscow grew to become a prosperous and powerful city that served as the capital of the Grand Duchy that bears its name. When the Grand Duchy of Moscow evolved into the Tsardom of Russia, Moscow remained the political and economic center for most of the Tsardom's history. When th ...
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Samir Brikho
Samir Yacoub Brikho FREng (born 3 May 1958) is Chairman of the Board of Directors at global fertilizer producer EuroChem Group AG and coal energy company SUEK JSC. Brikho has previously held senior positions in many leading companies such as Asea, ABB Group, Alstom and Amec Foster Wheeler. Biography Born in Beirut in 1958, Brikho is Lebanese by birth but his family later moved to Sweden, where he holds citizenship. Brikho holds a Master of Science degree in Thermal Technology from the Royal Institute of Technology in Stockholm, Sweden.Samir Brikho: If we provide excellence the profits will follow
The Independent, 15 December 2007
He is also a graduate of the Young Managers Programme at

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Интерфакс
Interfax (russian: Интерфакс) is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic information about the USSR, Interfax was formed in September 1989, during Mikhail Gorbachev’s ''perestroika and glasnost'' period, by Mikhail Komissar and his colleagues from international broadcasting station 'Radio Moscow', a part of Soviet Gosteleradio system. Interfax originally used fax machines for text transmission, hence the company name.Михаил Комиссар: задача «Интерфакса» — быть номером один'. — TV-channel ' Russia-24', 9 September 2009. By 1990, Interfax had 100 subscribers and the agency quickly began to attract the attention of conservatives within the government, who attempted to shut down the agency. This saw the agency gain prominence in major western media, a position strengthe ...
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Aleksandr Solzhenitsyn
Aleksandr Isayevich Solzhenitsyn. (11 December 1918 – 3 August 2008) was a Russian novelist. One of the most famous Soviet dissidents, Solzhenitsyn was an outspoken critic of communism and helped to raise global awareness of political repression in the Soviet Union, in particular the Gulag system. Solzhenitsyn was born into a family that defied the Soviet anti-religious campaign in the 1920s and remained devout members of the Russian Orthodox Church. While still young, Solzhenitsyn lost his faith in Christianity, became an atheist, and embraced Marxism–Leninism. While serving as a captain in the Red Army during World War II, Solzhenitsyn was arrested by the SMERSH and sentenced to eight years in the Gulag and then internal exile for criticizing Soviet leader Joseph Stalin in a private letter. As a result of his experience in prison and the camps, he gradually became a philosophically-minded Eastern Orthodox Christian. As a result of the Khrushchev Thaw, Solzhenitsyn was r ...
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Коммерсантъ
''Kommersant'' (russian: Коммерсантъ, , ''The Businessman'' or Commerce Man, often shortened to Ъ) is a nationally distributed daily newspaper published in Russia mostly devoted to politics and business. The TNS Media and NRS Russia certified July 2013 circulation of the daily was 120,000–130,000. It is owned by Alisher Usmanov. History In 1989, with the onset of press freedom in Russia, ''Kommersant'' was founded under the ownership of businessman and publicist Vladimir Yakovlev. The first issue was released in January 1990. It was modeled after Western business journalism. The newspaper's title is spelled in Russian with a terminal hard sign (ъ) – a letter that is silent at the end of a word in modern Russian, and was thus largely abolished by the post-revolution Russian spelling reform, in reference to a pre-Soviet newspaper of the same name active between 1909 and 1917. This is played up in the Kommersant logo, which features a script hard sign at the ...
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International Sanctions During The Russo-Ukrainian War
International sanctions have been imposed against Russia and Crimea during the Russo-Ukrainian War by a large number of countries, including the United States, Canada, the European Union, and international organisations following the Russian annexation of Crimea, which began in late February 2014. Belarus has also been sanctioned for its cooperation with and assistance to Russian armed forces. The sanctions were imposed against individuals, businesses, and officials from Russia and Ukraine. Russia responded with sanctions against several countries, including a total ban on food imports from Australia, Canada, Norway, Japan, the United States, and the EU. The sanctions contributed to the collapse of the Russian ruble and worsened the economic impact of the 2022 Russian invasion of Ukraine. They also caused economic damage to the EU economy, with total losses estimated at €100 billion (). , Russia's finance minister announced that the sanctions had cost Russia $40 bill ...
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Siberia
Siberia ( ; rus, Сибирь, r=Sibir', p=sʲɪˈbʲirʲ, a=Ru-Сибирь.ogg) is an extensive geographical region, constituting all of North Asia, from the Ural Mountains in the west to the Pacific Ocean in the east. It has been a part of Russia since the latter half of the 16th century, after the Russians conquered lands east of the Ural Mountains. Siberia is vast and sparsely populated, covering an area of over , but home to merely one-fifth of Russia's population. Novosibirsk, Krasnoyarsk and Omsk are the largest cities in the region. Because Siberia is a geographic and historic region and not a political entity, there is no single precise definition of its territorial borders. Traditionally, Siberia extends eastwards from the Ural Mountains to the Pacific Ocean, and includes most of the drainage basin of the Arctic Ocean. The river Yenisey divides Siberia into two parts, Western and Eastern. Siberia stretches southwards from the Arctic Ocean to the hills of north-ce ...
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Russian Far East
The Russian Far East (russian: Дальний Восток России, r=Dal'niy Vostok Rossii, p=ˈdalʲnʲɪj vɐˈstok rɐˈsʲiɪ) is a region in Northeast Asia. It is the easternmost part of Russia and the Asian continent; and is administered as part of the Far Eastern Federal District, which is located between Lake Baikal in eastern Siberia and the Pacific Ocean. The area's largest city is Khabarovsk, followed by Vladivostok. The region shares land borders with the countries of Mongolia, China, and North Korea to its south, as well as maritime boundaries with Japan to its southeast, and with the United States along the Bering Strait to its northeast. The Russian Far East is often considered as a part of Siberia (previously during the Soviet era when it was called the Soviet Far East). Terminology In Russia, the region is usually referred to as just "Far East" (). What is known in English as the Far East is usually referred to as "the Asia-Pacific Region" (, abbrevia ...
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