ZAO Koksovaya reorganisation – merger with ZAO Raspadskaya‐Koksovaya
Tuesday, December 7th, 2010
ОАО Raspadskaya (RTS, MICEX: RASP) informs of the reorganisation of ZAO Koksovaya, a new enterprise acquired in April 2010 and producing coking coal of K, KO grades (hard coking coal under international classification), in form of merger with ZAO Raspadskaya‐Koksovaya.
In 2011, total production volumes of valuable coal grade from the joint enterprise will amount to around 1 mt.
Inclusion of coking coal of K, KO grades (hard coking coal under international classification), that is in deficit in Russia, into Raspadskaya production range will enable the Company to strengthen its competitive advantages in current market conditions as well as in future, taking into account commencement of brownfield and greenfield projects in other coal mining regions in Russia.