Kuzbassrazrezugol faced difficulties in receiving payments for exports

pxhere.com
pxhere.com

The second largest coal producer in Russia, Kuzbassrazrezugol, is experiencing problems in obtaining funds for the supply of its products, General Director Elena Drobina said.

“Today it’s quite difficult, we are stalling with all “compliance” (bank compliance, compliance with the requirements of banks. — Note FAN), and not all banks cooperate with us,” she is quoted as saying RBC.

According to Drobina, the problem can be solved by expanding the branch network of domestic banks in friendly countries.

Last year, Kuzbassrazrezugol was able to extract 45.3 million tons of energy. Now 75% of the company’s products are exported, and 25% – to the Russian market.

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