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Native name | ОАО УК "Кузбассразрезуголь" (OAO UK Kuzbassrazrezugol) |
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Company type | Public ( OAO) |
MCX: KZRU | |
Industry | Mining |
Founded | 19 May 1964 |
Headquarters | , Russia |
Area served | Worldwide |
Key people |
Iskander Makhmudov (Co-Owner) Andrei Bokarev (Co-Owner and Chairman of the Board) |
Products | Coal |
Number of employees | 18,220 (2012) [1] |
Parent | Ural Mining and Metallurgical Company |
Website |
www |
UK Kuzbassrazrezugol OAO ( Russian: ОАО УК "Кузбассразрезуголь", and also known as KRU) is a Kemerovo, Russia-based coal company. The company extracts, processes, and distributes coal domestically and internationally. [2] Kuzbassrazrezugol's products are used primarily in the energy sector and metallurgical industry. [3]
The company is majority-owned by Iskander Makhmudov and Andrei Bokarev. Combined, the two men own 75% of the company. [4]
As of December 12, 2012, the company’s market cap is $3.3 billion. [5] According to Bloomberg Businessweek: "Year over year, Kuzbassrazrezugol Open Joint - Stock Coal Company has been able to grow revenues from 50.8B to 60.9B. Most impressively, the company has been able to reduce the percentage of sales devoted to selling, general and administrative costs from 19.92% to 16.78%. This was a driver that led to a bottom line growth from 7.4B to 8.2B." [6]
Top institutional shareholders include: [7]
According to an equity research report from the BCS Financial Group (BrokerCreditService (BCS) Ltd): [8]
Additionally, the equity report writes, "All the branches will easily operate their pits during next 35 years owing to significant coal resources.”
Kuzbassrazrezugol is working on a $300–500 million project to build a new coal export port named Lavna in the Kolskiy bay of the Barents Sea, to be capable of shipping 18 million tons of coal per year. [9] This was a joint project with Siberian Business Union until the latter withdrew in 2013. [10]
![]() | |
Native name | ОАО УК "Кузбассразрезуголь" (OAO UK Kuzbassrazrezugol) |
---|---|
Company type | Public ( OAO) |
MCX: KZRU | |
Industry | Mining |
Founded | 19 May 1964 |
Headquarters | , Russia |
Area served | Worldwide |
Key people |
Iskander Makhmudov (Co-Owner) Andrei Bokarev (Co-Owner and Chairman of the Board) |
Products | Coal |
Number of employees | 18,220 (2012) [1] |
Parent | Ural Mining and Metallurgical Company |
Website |
www |
UK Kuzbassrazrezugol OAO ( Russian: ОАО УК "Кузбассразрезуголь", and also known as KRU) is a Kemerovo, Russia-based coal company. The company extracts, processes, and distributes coal domestically and internationally. [2] Kuzbassrazrezugol's products are used primarily in the energy sector and metallurgical industry. [3]
The company is majority-owned by Iskander Makhmudov and Andrei Bokarev. Combined, the two men own 75% of the company. [4]
As of December 12, 2012, the company’s market cap is $3.3 billion. [5] According to Bloomberg Businessweek: "Year over year, Kuzbassrazrezugol Open Joint - Stock Coal Company has been able to grow revenues from 50.8B to 60.9B. Most impressively, the company has been able to reduce the percentage of sales devoted to selling, general and administrative costs from 19.92% to 16.78%. This was a driver that led to a bottom line growth from 7.4B to 8.2B." [6]
Top institutional shareholders include: [7]
According to an equity research report from the BCS Financial Group (BrokerCreditService (BCS) Ltd): [8]
Additionally, the equity report writes, "All the branches will easily operate their pits during next 35 years owing to significant coal resources.”
Kuzbassrazrezugol is working on a $300–500 million project to build a new coal export port named Lavna in the Kolskiy bay of the Barents Sea, to be capable of shipping 18 million tons of coal per year. [9] This was a joint project with Siberian Business Union until the latter withdrew in 2013. [10]