@YDanasmithdutra Thinking about which oligarchs this will affect. Rinat Akhmetov (Metinvest) comes to mind. The Avdiyivka plant near Donetsk is one of Europe's biggest coking plants and provides fuel for the steelmaking industry, a vital branch of Ukraine's economy.
@YDanasmithdutra Metinvest needs to invest $20-30 billion in coming years to replace four coal-fired blast furnaces with new equipment to cut carbon emissions.
@YDanasmithdutra Sergey Kurchenko controls 70% of the economy in the Luhansk and Donetsk People’s Republics. It exports anthracite coal to Russia for re-exporting to global markets. Ironically, the largest end market is Ukraine, which remains dependent on anthracite to produce electricity.
@YDanasmithdutra Russian businessman Yevgeny Yurchenko, successor to fugitive, Kurchenko, who made a fortune by being close to ex-President Viktor Yanukovych.
@YDanasmithdutra "Interestingly, Yurchenko, while working at Svyazinvest, had a conflict with Konstantin Malofeev, who is considered one of the sponsors of the “Russian spring” in Donbass."
thefrontierpost.com/taken-on-balan…
thefrontierpost.com/taken-on-balan…
@YDanasmithdutra OJSC Svyazinvest was Russia's largest telecoms holding company. Based in Moscow, it was an entirely state-owned company until it was privatized in the late 1990s. In 2010, Yurchenko, resigned as CEO due to a conflict with the management of Rostelecom, a unit of Svyazinvest.
@YDanasmithdutra Ostchem owns a majority stake in Concern Stirol, a major Ukrainian mineral fertilizer producer located in Horlivka, Donetsk region. Dmitro Firtash, Semyon Mogilevich's Vienna-based front man, owns Group DF which owns Ostchem.
groupdf.com/en/o-kompanii-…
groupdf.com/en/o-kompanii-…
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