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18/03/2010
14:07
Belon liquidated a sub.

Belon liquidated Belon-Microsphere, the company informed. Earlier, it had 100% (10ths rub.).

Belon Group is working in the sector of the coal extraction; it is one of the leading Russian metal traders. In 2007 the output gained 4.655mln ton including 2.003mln ton of the coke.

The share capital is worth 11.5mln rub. split in 11.5ml common stocks of 1 rub. par The major holder is the Cyprus-based Onarbay Enterprises Limited having 82.6087%.

To raise the efficiency of the production and to expand the share on the market the $500mln worth investment program was launched till 2012. It will permit to increase the output of the coal to 10.8mln ton; coke production - to 5.1mln ton.

In 2008 the output gained 5.6mln ton of coal; in 2009 the figures should be raised 34% to 7.5mln ton. The net profit (IAS) in 2008 increased 3.6 fold to 2.368bn rub.; revenues being up to 24.785bn rub. from 13.557bn rub.; gross profit - 10.111bn rub. from 3.302bn rub.

The 2008-net profit (RAS) gained 3.062bn rub. or 5.4 fold higher prior year figures (564.45mln rub.), revenues moved up to 27.894bn rub. from 15.711bn rub.


"AK&M", 18/03/2010

 

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