Russian Coal liquidated

Victor Chernomyrdin has signed a provision to improve the management of the coal industry. The provision includes concrete measures for the liquidation of the public company Russian Coal Company. A similar order was issued by President Boris Yeltsin on No

<BR>Victor Chernomyrdin has signed a provision to improve the management of the coal industry. The provision includes concrete measures for the liquidation of the public company Russian Coal Company. A similar order was issued by President Boris Yeltsin on November 20 concerning the private company Rosugol (Russian Coal). According to the decisions of the Russian federal government, the government management of the coal industry now will be completely concentrated in the Ministry of Fuel and Energy. After liquidating Rosugol, 100% of its stocks belonged to the government under the Ministry of Fuel and Energy which will create two separate government institutions.