July 25, 2014 4:51 PM ET

Company Overview of ZAO Raspadskaya Coal Co

Company Overview

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Key Executives for ZAO Raspadskaya Coal Co

Chief Executive Officer
Compensation as of Fiscal Year 2014.

ZAO Raspadskaya Coal Co Key Developments

Raspadskaya Coal Company Appoints Sergey Stepanov as Chief Executive Officer, Effective 1 July 2014

EVRAZ plc has announced that the Open Joint-Stock Company "Raspadskaya" has appointed Sergey Stepanov as the Chief Executive Officer of Raspadskaya Coal Company (managing company of Raspadskaya) with effect from 1 July 2014. Sergey Stepanov will continue to serve as the Head of Coal Division of EVRAZ and the CEO of Yuzhkuzbassugol Coal Company. Gennady Kozovoy, ex-CEO of Raspadskaya Coal Company, will continue serving on Raspadskaya's Board. Sergey Stepanov was appointed EVRAZ's Vice President, Head of Coal Division, in December 2012. In June 2013, he became the Chief Executive Officer of Yuzhkuzbassugol Coal Company, a subsidiary of EVRAZ. Before joining EVRAZ, he was Executive Director of Nordgold and Vorkutaugol, and served in managerial positions in Severstal Resources and SUAL-Holding.

ZAO Raspadskaya Coal Co Presents at 9th Annual Russia & CIS Coal Summit 2014, May-15-2014 11:30 AM

ZAO Raspadskaya Coal Co Presents at 9th Annual Russia & CIS Coal Summit 2014, May-15-2014 11:30 AM. Venue: InterContinental Moscow, Tverskaya Hotel, Moscow, Russia. Speakers: Aleksandr Andreev, Deputy CEO.

Oao Raspadskaya Coal Co. Reports Production and Sales Results for the Second Quarter and Six Months Ended June 30, 2013

OAO Raspadskaya Coal Co. reported production and sales results for the second quarter and six months ended June 30, 2013. The company reported a 25% quarter-over-quarter drop in raw coal production as the company faced a roughly two-month-long closure at its main mine and work on a second project. Raw coal production for the three months ended June 30, 2013 came to 1.7 million tonnes, compared with 2.26 million tonnes in the previous quarter. Total raw coal sales, however, jumped 137% quarter over quarter to 202,000 tonnes from 85,000 tonnes. For the half year ended June 30, 2013, the company reported a 15% year-over-year increase in raw coal production at 3.97 million tonnes. Sales of concentrate were down 5% to a total 1.33 million tonnes, from 1.40 million tonnes, on decreased sales within the company's domestic market. Sales within Russia were down 20% to 719,000 tonnes, though that was partially offset by a 22% rise in export sales to 607,000 tonnes. Total concentrate sales in the first six months of 2012 rose 36% to 2.72 million tonnes from the prior-year period. While domestic concentrate sales fell 7% to 1.62 million tonnes from 1.73 million tonnes, exports of the material offset that decline with a 302% rise to 1.11 million tonnes from 275,000 tonnes, the company noted.

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