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Sibanthracite Group changes ownership

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World Coal,

A transaction has been closed for the sale of 100% of the shares in the Sibanthracite Group.

The seller was the Alltech Group, and the buyer was Siban Holding.

A new Board of Directors has been elected for the Sibanthracite Group. It includes:

  • Albert Avdolyan, Chairman of the Board of Directors of Elgacoal.
  • Irina Belyanova, General Director of A-Property.
  • Rodion Sokrovischuk, CEO of Globaltek.
  • Alexander Isaev, CEO of the Elgacoal management company.

Dmitry Aga, Maxim Barskiy, and Igor Makarov have retained their seats on the Board of Directors.

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