Telf Ag Information

Telf AG was founded in 1993 in Switzerland, the head office is based in Savosa, Ticino. Main business activity from 1993 to 2010 was oil products trading, primarily from CIS countries. Telf AG entered coal business in 2008 and within a few years succeeded in obtaining exclusive offtake agreements directly with two mines: LLC "Razrez "Bungurskiy-Severniy", Russia; JSC "Shubarkol Komir", Kazakhstan. Telf AG exports coal mainly by sea through Ust-Luga and Riga ports in the Baltics, through Nakhodka and Vostochny ports in the Far-East and through major ports in the Black Sea and Azov sea areas, primarily from Mariupol. Exports by railway lines include Poland, Ukraine and other Eastern European countries. Total export volume in 2010-2012 - 8 mio mt, in 2013 Telf AG aims to sell approximately 5 mio mt, and total already contracted volume for 2014 is 5.5 mio mt. TELF AG expects to grow total export volume by 2017 to 12 mio mt per year. Thanks to the experience gained in recent years and the increasing demand of the market, Telf AG has decided to expand its horizons and to engage in trading of different types of coal considering its close relationship with the major manufacturers so that Telf AG can meet all the demands of its clients. Telf AG is supplying its customers with the following products: Coking coal from Colombia; Anthracite from Russia and Ukraine; Coke breeze from Russia and Ukraine; Steam coal from South Africa and Indonesia. Telf AG has extensive credit lines with many first class banks. Among our counter parties are many major utilities, wholesalers, trading houses, ship owners and ship operators. Telf AG financials are audited by KPMG.