The “Siberian Business Union” Holding Company” JSco (SBU, or in russian "SDS") – a holding which owns coal assets accumulated in the “SBU-Coal” JSco HC (JSC HC «SDS-Ugol») among other assets – is one of the largest coal producer and exporter. In 2020 the company produced 29,2 mln. tons making 7% of the summed up volume of coal production in Russia that makes 402,1 mln. tons. In 2016 the “SBU” holding started selling out its assets. This step was forced by a complicated financial situation. Debts of the company amounted to $1,5bln. Accumulation of debts had been conditioned by the world price fall for coal, which started in 2011. In 2017 coal assets active selling started; the SBU sold the “Sibenergougol” to the Swiss Sib Coal AD, a year later the Kiselevsk open-pit-mining and Prokopievsk open-pit-mining were purchased by Constantine Strukov, owner of the “Yujhuralzolota” (the “MelTEK” company).
JSco “Siberian Coal Energy Company” (SUEK) is one of the biggest coal companies in Russia and one of leading coal-energy companies in the world, which is one of the five biggest coal suppliers on the world market selling raw to 48 countries, including via its Swiss trading company SCEC AG. The enterprise has reserves of 7,5 billion tons of coal. In 2020 production amounted to 101,2 million tons (1\4 of total production in Russia). Coal mining takes place in 19 open pit mining and 8 mines. The “SCEC” owns a large energy generating company “Siberian Generating Company” (SGC); its assets include 27 power stations and a sales network.
In early July 2021, a business meeting took place between members of the Russian Association of Indigenous Peoples of the North, Shoryia NGO of the Shor people, and local citizens. It happened in the Chuvashka village (Myskovsky urban district). Participants of the business meeting discussed realization of rights of small indigenous peoples, improvement of state aid for their traditional economy, project activities of the Association, and how business can help resolve current problems. In his speech, Nikita Shulbayev, the president of the Shoriya NGO, mentioned his experience of efficient cooperation with the Open-Pit Mine Kiyzassky (part of the Sibanthracite Group) and thanked the enterprise for their many years of support. The company funds construction of sports grounds and playgrounds, and provides money for national holidays. It also carries out a project to release Shor language textbooks.
