Belon BOD affirmed the structure of the Company at the sitting Dec. 2, as it was informed.
Some other issues were considered as well.
Belon Group (TIN 5410102823) is working in the sector of the coal extraction. In March 2008 MMK acquired 50% in Onarbay Enterprises Ltd keeping 82.6% in Belon. In Oct. 2009 the share in Onarbay was raised to 100%.
Belon involves coal mines and pits of above 9mln ton/y in capacity; enrichment plants (14mln t/y).
The 9-month 2013 net losses reached 799.146mln rub. (RAS) against 39.827mln rub. in profit prior year period. The revenues dropped 21.53% to 10.55bn rub. from 13.444bn rub.; profit from sales - 15.66 fold to 42.227mln rub. from 661.207mln rub.; pretax losses coming to 48.21% to 975.257mln rub. from 128.765mln rub. in profit.
"AK&M", 10:23, 03.12.2013 1251 AKM,COR