News and events

On 15 March 2018 the Administration Board of Kemerovo region represented by the First Deputy Governor of Kemerovo region, Vladimir Nikolayevich Chernov, and the General Director of PJSC KTK, Eduard Vladimirovich Alexeenko, signed an agreement for social and economic cooperation for Y2018.

The agreement says that Public Joint Stock Company Kuzbasskaya Toplivnaya Company is planning to produce 15.9 mln. tons of coal this year; this sees an increase compared to 2017 - 21%, 2.7 mln. tons ( 2017 - 13.2 mln. tons). In 2018 the Company is planning to invest 3 billion rubles in the development of production, including the acquisition of the mining and conveyor equipment - 1.4 billion rubles. The company will finance regional social programs to the amount of 32.8 mln rubles.

The financing will also include as follows: Miner’s Day – 11 mln rubles, financing of socially significant events of the region – 9.8 mln. rubles, financing of New Year presents for Kuzbass orphaned children – 2 mln. rubles, financing of social programs in Belovo, Prokopyevsk and Tashtagol districts – 4.5 mln. rubles, providing material aid to the Kemerovo Regional Public Fund named after V.P. Romanov – 1 mln. rubles.

The tax payments into the consolidated budget of the region will amount to 1,849,000,000 rubles (819 mln. rubles in 2017). The Company will forward 25 mln. rubles to the creation of   safe labour conditions at the enterprises of the Company. The Company will forward coal for public utility needs of the region at fixed prices of its own coal in a volume of 680,000 tons as well as charitable sized coal in a volume of 3,500 tons (4,5 mln. rubles) for low-income people of Kemerovo region.

In 2017 PJSC KTK fulfilled the agreement for social and economic cooperation completely. Moreover, in 2017 the volume of coal production exceeded the Y2016 level by 13% (1.5 mln. Tons) and comprised 13.2 mln. tons (11,7 mln. tons in 2016).

Contacts for press, analysts and investors:

Elena Sarycheva
Head of Strategic Communications Department

Tel: +7 (3842) 77 18 80 
E-mail: es@oaoktk.ru

KTK at a glance:

Kuzbasskaya Toplivnaya Company PJSC (KTK, MICEX: KBTK) is one of the largest manufacturers and exporters of thermal coal in Russia. The Company’ sproduction assets include four  current plots and one projected plot at the Vinogradovsky mine in Kemerovo region, two washing plants and own railroad infrastructure located in the same industrial cluster. The Company operates retail networks in four regions of Western Siberia and in Poland. The company employs over 4,400 people. KTK’s shares are traded on MICEX, the free float is 33.15%.