Basov to step down as CEO of SUEK

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SUEK is one of the largest coal and energy companies in the world, as well as a leading supplier of heat, electricity and coal in Russia, according to the company’s website. In February 2023 Canada introduced vs founder SUEK Andrey Melnichenko sanctions. The businessman is also under EU and US sanctions. In March 2022, Melnichenko resigned from the Board of Directors, as well as the shareholders of SUEK.

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