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Mining & Resources

Close-UP: Evgeny Masternak

5 Mar 2014, by Informa Insights

Evgeny Masternak
Evgeny Masternak

Russia has the world’s second-largest reserve of coal. EN+ Group has been engaged in coal mining project development since 2008. Evgeny Masternak is the company’s Managing Director  for the Coal Business. He will be presenting at the 2014 Russia & CIS Coal Summit, to be held on the 14-16 May in Moscow.

The aggregate coking plus thermal coal reserves of En+ companies total more than 4 bn tons, while the output is more than 50 mtpa.  Eastern Siberia and Kazakhstan are the organisation’s key coal mining regions located close to the growing Asian markets. Coal business development plans envisage a major growth of mining output from our existing assets, the acquisition of new licenses, and growth of coal exports to Asia.

Evgeny Masternak has been Chief Executive Officer of En+ Coal (manages coal assets of En+ Group) and Vostsibugol since August 2012.

Prior to joining En+ Mr. Masternak was CEO of Moscow Electrical Metering Equipment Plant for two years.

In 2000-2009, Evgeny held several senior level positions with UC RUSAL. He was head of the Coal Projects Department, the Department of Energy Division Development; he also supervised investment and M&A projects.

In 1997-1999, Mr. Masternak served in several investment companies, where he was responsible for regional projects and M&A transactions across multiple industries and agriculture.

Evgeny Masternak graduated from the Moscow State Academy of Law and the International Institute of Economics and Law.

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