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Yakutugol
OJSC KhK Yakutugol (russian: Якуту́голь) is a Russian coal company located in Neryungri, Yakutia. Yakutugol was established in 2002 by the public offering of the State-owned SUE Yakutugol. Mechel Mechel (russian: ПАО «Мечел») is one of Russia's mining and metals companies, comprising producers of coal, iron ore in concentrate, steel, rolled steel products. Headquartered in Moscow, it sells its products in Russia and overseas, and ... owns 100% of its shares since October 2007. Mechel bought 25% of the company shares at an auction in 2005 for US$410 million and the rest 75% on October 5, 2007 for 58 billion rubles (together with Elgaugol). The company's General Director is Igor Khafizov. External links Official site of OJSC "KhK "Yakutugol" Coal companies of Russia Companies based in Sakha Republic Mechel Companies established in 2002 2002 establishments in Russia {{coal-company-stub ...
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Mechel
Mechel (russian: ПАО «Мечел») is one of Russia's mining and metals companies, comprising producers of coal, iron ore in concentrate, steel, rolled steel products. Headquartered in Moscow, it sells its products in Russia and overseas, and is formally known as ''Public Joint Stock Company Mechel''. History Southern Kuzbass Coal Company acquired control over Chelyabinsk Steel Plant in the summer of 2002 and subsequently announced a merger of Southern Kuzbass and Mechel into Mechel Steel Group. Igor Zyuzin was elected as Chairman of the Board of Mechel Steel Group OAO in January 2004. Mergers and acquisitions Mechel acquired Posyet Sea Commercial Port on the Russian coast of the Sea of Japan in 2004. Mechel submitted a winning bid for a 26.9% stake in Izhstal in May 2004, subsequently increasing its stake to control. Mechel won an auction in January 2005 to buy a blocking stake (25% plus one share of stock) in Yakutugol. Also in 2005, Mechel acquired a controlling stak ...
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Sakha Republic
Sakha, officially the Republic of Sakha (Yakutia),, is the largest republic of Russia, located in the Russian Far East, along the Arctic Ocean, with a population of roughly 1 million. Sakha comprises half of the area of its governing Far Eastern Federal District, and is the world's largest country subdivision, covering over 3,083,523 square kilometers (1,190,555 sq mi). ''Sakha'' following regular sound changes in the course of development of the Yakut language) as the Evenk and Yukaghir exonyms for the Yakuts. It is pronounced as ''Haka'' by the Dolgans, whose language is either a dialect or a close relative of the Yakut language.Victor P. Krivonogov, "The Dolgans’Ethnic Identity and Language Processes." ''Journal of Siberian Federal University'', Humanities & Social Sciences 6 (2013 6) 870–888. Geography * ''Borders'': ** ''internal'': Chukotka Autonomous Okrug (660 km)(E), Magadan Oblast (1520 km)(E/SE), Khabarovsk Krai (2130 km)(SE), Amur Oblast (S ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Neryungri
Neryungri ( rus, Нерюнгри, p=ˈnʲerʲʊnɡrʲɪ; evn, Ньируунгра; sah, Нүөрүҥгүрү, ''Nüörünggürü'', ) is the second largest town in the Sakha Republic, Russia and the administrative center of Neryungrinsky District. As of the 2010 Census, its population was 61,747. Etymology The name of the town comes is believed to come from Evenki Ньируунгра ''nyuruungra'', meaning "river of graylings". History It was founded due to the development of the nearby coal basin and was granted town status in 1975.''Registry of the Administrative-Territorial Divisions of the Sakha Republic'' Administrative and municipal status Within the framework of administrative divisions, Neryungri serves as the administrative center of Neryungrinsky District. As an inhabited locality, Neryungri is classified as a town under republic jurisdiction. As an administrative division, it is incorporated within Neryungrinsky District as the Town of Neryungri. A ...
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Public Offering
A public offering is the offering of securities of a company or a similar corporation to the public. Generally, the securities are to be listed on a stock exchange. In most jurisdictions, a public offering requires the issuing company to publish a prospectus detailing the terms and rights attached to the offered security, as well as information on the company itself and its finances. Many other regulatory requirements surround any public offering and they vary according to jurisdiction. The services of an underwriter are often used to conduct a public offering. Stock offering Initial public offering (IPO) is one type of public offering. Not all public offerings are IPOs. An IPO occurs only when a company offers its shares (not other securities) for the first time for public ownership and trading, an act making it a public company. However, public offerings are also made by already-listed companies. The company issues additional securities to the public, adding to those curren ...
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State Unitary Enterprise
A unitary enterprise (russian: унитарное предприятие) is a government-owned corporation in Russia and some other post-Soviet states. Unitary enterprises are business entities that have no ownership rights to the assets that they use in their operations. This form is possible only for state and municipal enterprises, which respectively operate state or municipal property. The owners of the property of a unitary enterprise have no responsibility for its operation and vice versa. Russia Federal Law No. 161-ФЗ "''On State and Municipal Unitary Enterprises''" (amended July 13, 2015), defines the legal status of unitary enterprises in Russia. The State Duma passed this law on October 11, 2002, and President Putin signed it on November 14, 2002. The assets of unitary enterprises belong to the federal government, to a Russian federal subject, or to a municipality. A unitary enterprise holds assets under economic management (for both state and municipal unitary ente ...
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Coal Companies Of Russia
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron a ...
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Companies Based In Sakha Republic
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Established In 2002
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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