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ArcelorMittal Kryvyi Rih on April 7 will pay remuneration for the work in 2022 in the amount of 50% of average monthly salary. According to the company CEO Mauro Longobardo, in 2022 Ukraine, Kryvyi Rih and AMRK faced unheard of challenges. Because of the ports blockade and difficulties connected with the Russian invasion, the works…
DetailsIn 2022, Ferrexpo received $1.2 billion of income, down from $2.5 billion in 2021. The drop was due to the Russian invasion of Ukraine resulting in the operational and logistics losses. EBITDA decreased by 47%, to $765 million. The fall was partially compensated for by the exchange rate difference ($339 million). Capital investments fell to…
DetailsAt present Stalkanat (Odesa) is operating at 70% of its capacities due to the limitations caused by the market situation and logistics problems due to the Russian invasion. According to the company CEO Sergey Lavrinenko, the demand for the Stalkanat products on the European market has decreased. In Ukraine the products are sold, but the…
DetailsIn January, Ukraine decreased exports of aluminum and wares by 33.7% YoY, to $6.776 million. Exports dropped by 42.7%, to $96.972 million. In December 2022, exports totaled $6.33 million. (Ukrainian metal)
DetailsIn 2022, enterprises of Ukrtruboprom decreased pipes manufacture by 37.9% YoY, to 449.7 thousand tons. All the companies showed a negative dynamics last year. Thus, Interpipe Niko Tube decreased output by 31.1%, Trubostal – by 61.6%, Centravis – by 38.3%, Interpipe NMTZ – by 67.1% and Oscar – by 20%. Only Ukrtruboisol was able to…
DetailsIn 2022, KAZ Minerals extracted 380 thousand tons of copper, up by 27% YoY. Gold output totaled 171 thousand ounces, up by 2%, mostly due to higher rate of extraction and processing of ore with higher gold content at Bozshakol. The company also produced 3.768 million ounces of silver (+10.3%) and 47 thousand tons of…
DetailsIn January-February, Almalyk Mining and Processing Works fulfilled its export forecast. Exports totaled $101.333 million. In particular, Almalyk exported 6889 tons of copper products and 5235 tons of zinc products. (Ukrainian metal)
DetailsIn 2022, Odescable received 27.24 million UAH of losses, as opposed to a net profit of 55.4 million UAH in 2021. Undistributed profit totaled 148.27 million UAH, down by 15.3%. The company assets decreased insignificantly, to 1.36 billion UAH. Current liabilities remained almost on the previous year level, totaling 868.2 million UAH, while fixed liabilities…
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