Siberian Coal Energy Company is the and a :ru:Системообразующее предприятие|systemically important enterprise in Russia. The company was founded in 2001, headquartered in Moscow with regional offices in the regions. The full official name is Joint-Stock Company Siberian Coal Energy Company. The head of the company is CEO Stepan Solzhenitsyn, son of novelist Aleksandr Solzhenitsyn.
History
Founded in :ru:2001 год|2001. SUEK was based on the idea of Russian entrepreneurs Andrey Melnichenko and Sergey Popov to consolidate disparate coal enterprises throughout Russia and create a large industrial holding. The formation began on the basis of coal mining enterprises in the Chita region, Buryatia and the Irkutsk region. In 2002, SUEK included enterprises in Khakassia and the Krasnoyarsk Territory, in 2003 in the Khabarovsk and Primorsky Territories and in the Kemerovo Region. The company is becoming number one in Russia in terms of coal production. The first years of SUEK focused on the withdrawal of enterprises from the crisis, the repayment of billions of dollars of debt, the technical re-equipment of enterprises, the optimization of the distribution system. In 2004, coal and a number of Siberian energy companies were merged on the basis of SUEK. In 2006, SUEK became the largest coal exporter in Russia; The company is actively reforming its management system: an independent Board of Directors has been created, a Management Board has been formed, and a corporate code has been adopted. In 2007, the company created the SUEK-REGIONS Fund to implement social and charity projects. In 2007, the merger of SUEK and energy enterprises of Gazprom was announced. It was assumed that during the first half of 2007, these companies will create a joint venture in which they will bring electricity and coal assets. It was expected that Gazprom would receive 50% plus one share in the new enterprise, and SUEK - 50% minus one share. It was most likely that the Siberian Coal Energy Company would give away all major energy and coal assets as a contribution to the joint venture, while the gas concern would give a stake in regional energy companies These plans alarmed a number of senior officials. The head of RAO "UES of Russia"Anatoly Chubais called them "a big mistake of the state", and the head of the Federal Antimonopoly Service, Igor Artemyev, said that his department would not approve this deal. On June 9, 2008, a refusal to consolidate assets was announced. In 2008, the Vanino Bulk Terminal in the Khabarovsk Territory, one of the largest coal ports in Russia, began operation. The terminal was built by SUEK from scratch. In 2008, the first in Russia methane-fired power plant in Russia was launched at the SUEK "Named S. M. Kirov" mine. In 2011, SUEK began development of a new Apsatskoye field in the Trans-Baikal Territory. In March 2011, it was announced that an agreement was reached between the main shareholders, according to which Popov should sell most of his package of Melnichenko; the transaction was estimated at up to $ 2 billion, in September 2011 this transaction was completed. The transaction was completed in the summer of 2011. In 2011, energy assets were removed from SUEK to the :ru:Сибирская генерирующая компания|Siberian Generating Company. In 2012, SUEK became a major shareholder of Murmansk Commercial Sea Port JSC.
Owners and management
The majority owner of the company is Russian entrepreneur Andrey Melnichenko, who owns 92.2% of SUEK. Chairman of the Board of Directors - Aleksandr Landia. CEO - Stepan Solzhenitsyn, son of novelist Aleksandr Solzhenitsyn. The CEO from 2004 to 2020 was :ru:Рашевский, Владимир Валерьевич|Vladimir Rashevsky.
