Ukraine: titanium company hit by sanctions

Dmitry Firtas’ Titanoviye Investicii Company has been affected by sanctions imposed by Ukraine on Russian companies and individuals. The company was registered in June 2014 in Moscow. After the Crimea was annexed by Russia Firtas had to adapt to Russian legislation to avoid the loss of Crimean assets, so the businessman decided to move some…

Ukraine: Rusal falls under sanctions

Ukraine has imposed sanctions on Rusal and its offshore company Judson Trading Limited (Cyprus), according to the Presidential decree. The sanctions have been imposed following the companies’ activities, which pose a threat to the national security and prevent the stable economical development. In particular, Rusal has been accused of blocking assets, limiting trade operations in…

Ukraine: Avdiivka Coke puts thermocatalytic afterburning machine into operation

Avdiivka Coke and Chemical Works is putting into operation a new thermocatalytic afterburning machine that will decrease pollution from the tar-distilling shop. Despite the difficult situation in the area and the constant lack of electricity Metinvest goes on with its program of the works modernization. In particular, the new machine is one of the most…