The Commercial Court of Donetsk region is reviewing the claim of Prominvestbank to Yasinovsky By-Product Coke Plant on the recovery of $41.6 million and 353.4 million UAH of the debt on the loan according to a contract concluded in 2011. The bank bases its claims on a non-fulfillment of its debt obligations by the Savi…
In 2017 Yasinovsky By-Product Coke Plant increased net losses 4.7-fold YoY, to 1.434 billion UAH. According to the company statement, its uncovered loss last year totaled 1.195 billion UAH. The company current liabilities grew 2.4-fold, to 2.29 billion UAH, while its fixed liabilities fell by 40%, to 63.181 million UAH. Its accounts receivable decreased by…
The situation at the metal works, taken by the DPR-LPR militants from their rightful owners, has become almost critical in just 1 week. Despite the local authorities’ forecasts, which promised to quickly reorient production to Russian and provide up to 70% of the budget revenues from these companies, most of them start to shut down.…
June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…
In 2016 Yasinovskiy By-Product Coke Plant plans to get 980 million UAH worth of orders. According to the company statement, it also expects to receive 285 million UAH of losses. Capital investments are expected on the level of 22 million UAH. The money will be spent on equipment and machinery repairs. In 2015 the works…
In 2015 Yasinovskiy By-Product Coke Plant received 357.01 million UAH of losses, up by 61% YoY, or by 135.2 million UAH. Last year the company decreased its net income by 40.68% YoY, or by 785.05 million UAH, to 1144.55 million UAH. (Ukrainian metal)
The supervisory board of Yasinovskiy By-Product Coke Plant has reelected Victor Palenko chairman of the board. According to the company statement, 3 out of 7 board members have been changed. In particular, Anatoly Birchenko, Victor Kazakov and Julia Birsana have been dismissed form the board, and Helen Yeliseyeva, Sergey Kuzmenko and Gleb Malygin appointed instead.…
Yasinovskiy By-product Coke Plant estimates its orders this year on the level of 980 million UAH. The company EBIT is expected to total 285 million UAH of losses. The plant intends to invest 22 million UAH into development and repairs. In 2015 Yasinovskiy Coke produced 420 thousand tons of 6% moisture bulk coke, down by…