... Decision-making takes time. Do you plan to expand your product range? Yes, we’re looking at the broader commodities market. We started with oil products due to our extensive experience in this sector. We’ve since added sand and clay for construction companies and motor oils for transporters. Future plans include coal, fertilizers, timber, non-metallic materials, and possibly grain and other agricultural products. We’re actively scaling the platform and attracting investments to support this growth. What’s ...

....1 billion rubles Investments for 2022: 86.2 billion rubles The company's main assets: Elginskoye coal deposit: Located in the southeastern part of Yakutia, it is the largest coking coal deposit in Russia with reserves of more than 2.2 billion tons. Oil and gas Coal mining began in 2011, since then production volumes have increased significantly. Railway infrastructure: Own 360 km Elga-Ulak railway line connecting the deposit with the Baikal-Amur Mainline (BAM). Oil and Gas The construction of the ...

... adapt to changing business conditions. Amid the unstable geopolitical situation and increasing sanctions pressure, Russian companies are increasingly utilizing this mechanism to protect their interests and maintain competitiveness. As the CEO of Open Oil Market , I see that redomiciliation is becoming an integral part of the strategy for many companies. This process not only helps to reduce legal and financial risks but also opens new opportunities for business development. It is essential to approach redomiciliation thoughtfully, evaluating all aspects and choosing jurisdictions that best ...

... throughout the week and would make a decision on the introduction of a complete ban on gasoline exports based on that. Currently, exports are only prohibited for non-producers (oil depots, traders). Oil refineries (refineries), which are largely owned by oil companies, have the right to export gasoline. Judging by the dynamics of exchange quotations, a complete ban is imminent. However, as has been emphasized multiple times, this measure is extreme and indicates that the market is operating under "manual ...

... Tereshkin, the CEO of Oil Resource Group, spoke to RBC+ about the digital approach in the oil products trade business and the features of the marketplace for participants in this market. — How relevant is the introduction of digital technologies in the oil products trading system worldwide today? What is the main benefit for market participants from digitalization? — The need for automation and the implementation of digital technologies in the market is obvious today. It allows companies and market participants to minimize manual labor, improve processes, make them more efficient, predictable, and cost-effective, and increase trading volumes. For example, in our company, we began automating processes back in 2014, and we were ...