Corporate Governance

KTK strictly complies with all legislation requirements and strives to act in accordance with the highest international corporate governance standards.

We think that high quality of corporate governance contributes to sustainable and successful development of the company and provides an additional safeguard to shareholders, partners, customers, and also contributes to strengthening of our internal control system.

In September 2010 we accepted the Code of Business Conduct, which put together ethical guidelines and standards that guide the company’s actions in its dealings with employees, customers, suppliers, lenders as well as state authorities and the society as a whole.

We believe that reasonable, transparent and effective corporate governance system in KTK helps our partners to form a good understanding of our business and makes our cooperation more beneficial. We are confident that all these factors will help us to realize our mission – to become one of the leading thermal coal producers in Russia, working for the benefit of our shareholders, employees and customers.