Key Ally Turns Away from the US
Posted: Wed Jan 22, 2025 10:38 am
At the end of December, it became known that four mines had suspended production. As noted in the material, by the end of 2024, all enterprises in the industry became unprofitable. At the same time, those that are not part of large holdings are unlikely to be able to cope with the debt burden and social obligations.
Due to low export prices, high railway tariffs, rising production costs and problems with shipping coal to the Far East, only metallurgical coal producers and those located close to ports will be able to survive.
NEFT Research consulting partner Alexander Kotov believes that the industry's average loss ratio has already reached 4.5 thousand rubles per ton. For some time, coal miners may work for the warehouse, because canning will be quite expensive.
Sergey Uchitel, a partner at the Pen & Paper law firm, noted that, as a rule, bankruptcy in Russia means liquidation of an enterprise, but in the case of the coal industry, it will be difficult to follow this path. A large number of other industries depend on supplies, so mass bankruptcies of mines and open-pit mines would cause serious harm to the economy.
Earlier, the Price Index Center warned about the epidemic of bankruptcies threatening the coal industry. According to its assessment, the situation so far only tends to worsen.
Companies
Sergey Uchitel
Alexander Kotov
Alexander Novak
Federal Tax Service of Russia
Business man
Ministry of Transport of the Russian Federation
Ministry of Economic Development
Economy of Russia
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TC "Zvezda" and 1 more
January 17, 14:05
Energy company Moldovagaz admits historical debt to Gazprom in the amount of 709 million dollars.
Its director Vadim Cheban announced this on air on TV8.
“At this stage, there are all the documents and reconciliation reports that confirm the historical debt,” Interfax quotes him as saying.
Gazprom has previously stated on numerous occasions that Moldova owes $709 million for Russian fuel. However, the republic's authorities still do not want to acknowledge this amount. Chisinau has agreed to pay only $9 million.
Due to low export prices, high railway tariffs, rising production costs and problems with shipping coal to the Far East, only metallurgical coal producers and those located close to ports will be able to survive.
NEFT Research consulting partner Alexander Kotov believes that the industry's average loss ratio has already reached 4.5 thousand rubles per ton. For some time, coal miners may work for the warehouse, because canning will be quite expensive.
Sergey Uchitel, a partner at the Pen & Paper law firm, noted that, as a rule, bankruptcy in Russia means liquidation of an enterprise, but in the case of the coal industry, it will be difficult to follow this path. A large number of other industries depend on supplies, so mass bankruptcies of mines and open-pit mines would cause serious harm to the economy.
Earlier, the Price Index Center warned about the epidemic of bankruptcies threatening the coal industry. According to its assessment, the situation so far only tends to worsen.
Companies
Sergey Uchitel
Alexander Kotov
Alexander Novak
Federal Tax Service of Russia
Business man
Ministry of Transport of the Russian Federation
Ministry of Economic Development
Economy of Russia
Выгодный курс обмена в Москве
USD
EUR
Банк
Купить
Продать
Агророс Банк
101.14
98.76
Банк Казани
101.19
98.75
Цифра банк
101.25
99.00
Все банки
Конвертер валют
1 USD = 99.9282 RUB
ЦБ РФ на 22.01.2025
1
Доллар США
USD
99.93
Российский рубль
RUB
16.01
17.01
18.01
21.01
22.01
Lenta.ru: Main news
Russian medic tells of hundreds of wounded soldiers in Kursk region
Spain Responds to Trump's Words on BRICS Membership
The Russian Academy of Sciences has proposed adopting Spain's experience against fuel oil in the Black Sea
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21 hours ago
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23 hours ago
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This needs to be done urgently before February 1st.
4 hours ago
Khinshtein knew everything! Kursk official Musial made a statement
16 hours ago
"Don't reproach us": Gordon sharply addressed Brukhunova
23 hours ago
Moldovagaz Admits Historical Debt of $709 Million to Russia
TC "Zvezda" and 1 more
January 17, 14:05
Energy company Moldovagaz admits historical debt to Gazprom in the amount of 709 million dollars.
Its director Vadim Cheban announced this on air on TV8.
“At this stage, there are all the documents and reconciliation reports that confirm the historical debt,” Interfax quotes him as saying.
Gazprom has previously stated on numerous occasions that Moldova owes $709 million for Russian fuel. However, the republic's authorities still do not want to acknowledge this amount. Chisinau has agreed to pay only $9 million.