Press releases
November 2011 production update
Dear Friends,
We are pleased to update you on Sadovaya Group operational results in November 2011:
- Total coal sales volume in November 2011 increased by 2.6% compared to November 2010 and 17.5% year to date
- Production of coal at mines in November 2011 increased by 102.8% compared to November 2010 and 65.1% year to date
Sadovaya Group secures USD 25 million loan
Sadovaya Group (“the Group”) is pleased to announce that it has secured a new loan facility of USD 25 million (“the Loan”) from JSC OTP Bank (Ukraine). The Group entered into loan agreement with OTP Bank through its subsidiaries Sadovaya mine and Rassvet-1 mine.
Conference Call on 3Q 2011 Results
Sadovaya Group in partnership with BZ WBK is pleased to invite you to participate in a conference call on Friday, November 18, 2011 at 17.00 Kyiv time (16.00 Warsaw, 15.00 London, 10.00 New York) to discuss the results of Sadovaya Group S.A. for the 9-month period ended 30 September 2011.
October 2011 Production Update
Dear Friends,
We are pleased to update you on Sadovaya Group operational results in October 2011:
- Sales volume in October increased by 23.1% month to month
- Production of coal at mines increased by 78.1% year to year
September 2011 Production Update
Dear Friends,
We are pleased to update you on Sadovaya Group operational results in September 2011:
- Sales volume in September increased by 17.5% month to month
- Production of coal at mines increased by 68.3% year to year
August 2011 Production Update
Dear Friends,
We are pleased to update you on Sadovaya Group operational results in August 2011:
- Sales volume in August increased by 39.8% month to month
- Production of coal at mines increased by 80.6% year to year
Conference Call on 1H 2011 Resul
Sadovaya Group in partnership with BG Capital is pleased to invite you to participate in a conference call on Friday, September 2, 2011 at 16.00 Kyiv time (15.00 Warsaw, 14.00 London, 9.00 New York) to discuss the results of Sadovaya Group S.A. for the 6-month period ended 30 June 2011.
July 2011 Production Update
Dear Friends,
We are pleased to update you on Sadovaya Group operational results in July 2011:
- Sales volume in July decreased by 26.5% as a reflection of seasonal demand slowdown
- Production of coal at mines increased 45.6% year to year and 9.7% month to month
Sadovaya Group S.A. joins the sWIG80 index
Dear friends,
We are pleased to announce that following the trading session on August 5, 2010 10 771 000 shares of Sadovaya Group were included in the sWIG80 index portfolio. Keep on developing on various aspects of our activities we are thankful for the confidence and development opportunities granted by the Warsaw Stock Exchange.
June 2011 Production Update
Dear Friends,
We are pleased to update you on Sadovaya Group operational results in June 2011:
- Production of coal at mines increased 30.3% year to year and 25.4% month to month
- Coal recovery from waste dumps increased 3.8% month to month