Feb. 18 Yuzhny Kuzbass Coal Company signed a loan contract with Mechel in the volume of 1.998bn rub. till 2016, the company informed.
Yuzhny Kuzbass (TIN 4214000608) provides extraction and enrichment of the coal. It includes 4 coal pits, 3 mines, 3 enrichment plants and some other entities. The share capital is equal to 1.444mln rub. split in common stocks of 0.04 rub. par each. The major holder is Mechel-Mining as a sub of Mechel keeping 93.48%.
The 9-month 2013-net losses (RAS) gained 1.73bn rub. against 2.417bn rub. in profit prior year; revenues declined 11.25% to 21.81bn rub. from 24.576bn rub.; profit from sales - 9.24 fold to 420.611mln rub. from 3.888bn rub.; pretax losses coming to 1.816bn rub. vs. 3.496bn rub. in profi