Ukraine: KhTZ resumes operation

On September 12, Khartsyzsk Pipe Works received orders and resumed operation. “KhTZ periodically receives some small orders from Metinvest companies. Until the end of the month it should produce 5.4 thousand tons of pipes with 630-1420 mm diameter, with 1.2 thousand tons with anticorrosion coating”, said Metinvest in its statement. Still, normal operation of the…

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Ukraine: state miners see no wages

As of September 21, salary debts to the employees of the state coalmining companies have reached 550 million UAH, according to the energy and coal industry minister Igor Nasalik.

He added that without 1 billion UAH planned in the state budget for 2017 it would be impossible to stabilize salary payments next year. (Ukrainian metal)

Ukraine: ZZhRK supervisory board renewed

Shareholders of Zaporozhye Iron Ore Complex have renewed its supervisory board, having dismissed three out of four members and replacing legal entities with individuals. According to the company statement, Minerfin A.S., owning 51.1698% of the company shares (Slovakia), KSK Consulting A. S. (19.0632%, Czech Republic) and the former Zaporizhstal commercial director Vladimir Bayda have left…

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Ukraine: AMKR keeps on replacing financial directors

Igor Kublitsky, the deputy financial director-chief accountant of ArcelorMittal Kriviy Rih has been appointed acting financial director-chief accountant. According to the company official information, the previous acting financial director-chief accountant Pavel Zadorozhny, who has been in the office for a month, has been dismissed. Kublitsky has been appointed from September 20, 2016 till June 30,…

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