Limassol, Cyprus, December 7, 2018
Carbo One Limited hosted its 2018 Annual Meeting on December 7 at the Amathus Beach Hotel, Limassol, Cyprus.
Alexey Danilov, Director of Carbo One, addressed the meeting participants and highlighted the impressive company’s performance in 2018, emphasizing that Carbo One entered the list of top three coal traders in 2018 and strengthened its position as the world leader in PCI coal sales. Over the year, Carbo One increased its total coal sales by 15%, year-on-year, to 75 million tonnes (65.5 million tonnes in 2017). Sales in the PCI segment amounted to 18.8 million tonnes, which is significantly higher than the results of other global traders.
“Since the company was set up almost 20 years ago, we have managed to increase our sales volume tenfold. Despite the challenging macroeconomic and geopolitical environment, we have ambitious plans for development and expansion to new markets. The recipe of our success includes high quality of the offered product, innovative logistics, transparent and fair business, which ultimately results in the trust of our customers. Carbo One worldwide team is energized and pushing hard to achieve our objectives”, said Alexey Danilov.
The event also included a comprehensive report and a video presentation on Carbo One short-term and long-term plans and coal market trends in the near future. The meeting participants shared their vision over further strategic development in key trade sectors of the global coal market, outlined main directions of increasing coal sales and expanding the company’s trading operations in emerging promising markets. Alexey Danilov thanked the staff for prominent results in 2018 and wished everyone new outstanding achievements and staggering success in the coming year.