History
In February 2007, SUEK and Gazprom agreed to establish a joint company on the basis of their electricity and coal assets. The shares of new company would have been divided on the basis of 50% plus 1 share to Gazprom and 50% minus 1 share to SUEK. However, that deal was abandoned.
In June 2010, SUEK obtained regulatory approval to list up to 25% of its shares abroad. However, in August 2010 the IPO was postponed for unspecified period.
In December 2010, the Federal Antimonopoly Service determined collusion by SUEK and two other coal producers. These accusations were denied by SUEK.
In February 2012, SUEK bought 24.9% stake in the Murmansk port.
Read more about this topic: Siberian Coal Energy Company
Famous quotes containing the word history:
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)
“The principal office of history I take to be this: to prevent virtuous actions from being forgotten, and that evil words and deeds should fear an infamous reputation with posterity.”
—Tacitus (c. 55–c. 120)
“Social history might be defined negatively as the history of a people with the politics left out.”
—G.M. (George Macaulay)