Ukraine: Dneprometiz income down in 2020

In 2020, Dneprometiz decreased net income by 7.6% YoY, to 1.227 billion UAH. Net loss amounted to 33.968 million UAH as opposed to a net profit of 25.279 million UAH in 2019. Undistributed profit totaled 60.286 million UAH. Accounts receivable dropped by 3.5%, to 147.148 million UAH, while fixed liabilities grew by 22.6%, to 199.633…

Ukraine: Dneprometiz profits in 2019

In 2019, Dneprometiz received 25.2 million UAH of net profit as opposed to a loss of 7.5 million UAH in 2018. Net income fell by 24.8%, to 1.328 billion UAH. Undistributed profit amounted to 37.1 million UAH. Last year, Dneprometiz produced 59.6 thousand tons of carbon steel wire (82.73% of all output) and 9.96 thousand…

Ukraine: AMKU allows Tigipko to buy Dneprometiz

The Antimonopoly Committee of Ukraine has allowed Agimant Limited (Cyprus), owned by the businessman Sergey Tigipko, to buy Dealzone Holding Ltd (British Virgin Island), which owns 98.6578% of one of the largest manufacturers of metal wares – Dneprometiz. The decision was taken on October 8. In April 2019, AMKU prohibited Tigipko’s TAS from buying Dneprometiz…