Allegro Inks Significant Coal Deal
Allegro Development have today announced the signing of SUEK AG who will use its Allegro 8 platform to manage their Coal trading operations. SUEK is the largest supplier of Russian steam coal to the international market, delivering coal to more than 30 countries worldwide. The company supplies more than 30% of Russia’s energy coal and approximately 30% of the coal Russia exports. In addition to mining Russian coal, the company also trades coal from Australia, Indonesia, Columbia, and South Africa.
Allegro are establishing quite a beachhead in the coal industry having Peabody Energy (#1 coal producer in the US) and Arch Coal (#3 coal producer in the US), among others, already utilizing its solution. Perhaps just as significant is that this is a major European customer for Allegro.
The announcement itself can be found in the CTRM Software News section of this blog.
