Ukraine: Ceramet profits in 2018

In 2018 Ceramet received 2.167 million UAH of net profit as opposed to the net loss of 48.265 million UAH in 2017. The company net income grew by 13.7%, to 1.092 billion UAH. This year Ceramet intends to increase scrap sales to 1 million tons, and shavings briquettes – to 50 thousand tons. Last year…

Ukraine: Ceramet results of 2016

In 2016 Ceramet processed and sold almost 1 million tons of scrap, with over 200 thousand tons delivered locally. European customers purchased 800 thousand tons of scrap, with Keramet Polska Sp. z o.o. supplying 60% of this volume and Keramet Hungary Kft – 40%. Last year the company invested 16.8 million UAH in the development…

Ukraine: Ceramet EBITDA up in H1 2016

In January-June Ceramet increased its EBITDA by 4.32% YoY, or by 3.73 million UAH, to 90.06 million UAH. According to the company statement, its EBIT went up by 11% YoY, to 83062 thousand tons. The group paid over 11 million UAH of taxes, including 4.3 million UAH of income tax and 2.76 million UAH of…

Ukraine: two customs allowed to export scrap

Dniepropetrovsk Administrative Court of Appeals has cancelled the decision of the previous court on the prohibition of scrap export from Dniepropetrovsk and Kherson customs of the State Fiscal Service. “We’re looking forward to the State Fiscal Service reaction”, said Ceramet. The company also hopes that the Kiev Administrative Court of Appeals makes the same decision.…