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Company’s Profile
Coal Energy is the third-largest private coal producer in Ukraine in terms of reserves (as of the end of 2010) and the seventh-largest private coal producer in the country by output (based on 2010 results).
The principal business of Coal Energy is mining, beneficiation and sale of thermal and coking coal. The Group mines and sells thermal coal grades, coking coals and dual-purpose coals.
The Group works directly with majority of large Ukrainian power generation plants, coking plants and steel mills. Benefiting from its advantageous geographic position in Donbas, the country’s largest coal basin, and wide product portfolio, Coal Energy is actively expanding its export operations, mainly through thermal coal sales to power generation plants in Moldova, Bulgaria, Slovakia and other countries.
Besides coal mining, the Group is engaged in coal beneficiation and processing of waste dumps to produce saleable coal and generate greenhouse gas Emission Reduction Units (ERUs), which could be sold according to the procedure established by the Kyoto Protocol.
We hereby inform that Coal Energy will debut on the Warsaw Stock Exchange on 4th August 2011.
Watch the transmission of Coal Energy debut on 4th August at 10.00 am.
http://gpwmedia.pl/coalenergy/
http://tv.wseie.pl/embed/coalenergy
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