What does SUEK mean?

Siberian Coal Energy Company (SUEK) is a coal and energy company based in Russia. It is Russia’s largest coal supplier. The company was founded in 2001, it is headquartered in Moscow.

Who is the owner of SUEK?

The main beneficiary of the company is Russian entrepreneur Andrey Melnichenko, who owns 92.2% of SUEK. The CEO (General Director) from 2004 to 2020 was Vladimir Rashevsky, who owns 7.8% of SUEK.

What is SUEK coal?

SUEK produces high-calorific coal with low sulphur and nitrogen content. According to The Financial Times, SUEK is Russia’s largest producer of higher-quality thermal coal. SUEK uses automation and digitalization in coal mining across its 26 mines in Kemerovo and elsewhere in Siberia.