State enterprises from Donetsk and Lugansk regions will head the list of the most profitless coal companies in 2017.
The reason for this is ineffective management and non-transparent operation of the enterprises, as well as thinning of coals and the outdated machinery.
This year the Ministry of energy and coal industry intends to shut down 7 profitless mines; the rest will be modernized at the expense of investments provided under state guarantees. (Ukrainian metal)
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