Rosugol () was a state-owned coal producer in Russia. It controlled 232 mines, 65 open-cast mines and 68 coal preparation plants. In 1995, it was the fourth largest company in the country by revenue. Yuri Malyshev was the company's chairman. Rosugol was established in March 1993 by the

Russian government The Russian Government () or fully titled the Government of the Russian Federation () is the highest federal executive governmental body of the Russian Federation. It is accountable to the president of the Russian Federation and controlled by ...

. Created as a successor to the Soviet Ministry of Coal Industry, it retained many of its functions. It operated as a national coal monopoly, and its functions included allocating subsidies to mines. As part of the country's transition to a market economy, Rosugol classified mining operation based on their economic viability. Those deemed unlikely to survive market conditions were closed down, with miners being relocated to other regions. In 1994, the Russian government allocated $2.8 billion on direct subsidies to the sector through Rosugol, or more than 1% of the country's GDP. Part of the support came from the

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

. In July 1997, the World Bank postponed a $500 million loan to the coal sector, citing a misuse of fund given to Rosugol. Under pressure from the bank, President Yeltsin abolished the state-owned company in November 1997. Its administrative functions were transferred to the Ministry of Fuel and Energy.

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{{authority control Coal companies of Russia Former monopolies Defunct companies of Russia Government-owned companies of Russia Companies established in 1993 Companies disestablished in 1997