According to the agreement on the shut down of the machinery, on May 31, Electrozinc cancelled labor agreements with 1128 employees. In particular, 271 people resigned due to retirement, while 82 left they job upon the agreement between the parties. All the employees received compensations. (Ukrainian metal)
All the Electrozinc shops in Vladikavkaz have ceased operation activity, and all the machinery has been shut down. On October 21, 2018, Electrozinc suffered from fire on the territory of 4.5 thousand square meters. One fireman perished and two were injured. On December 14, 2018 the company announced it would be completely shut down. (Ukrainian…
According to the agreement between UGMK and the regional authorities, on April 30, Electrozinc will shut down its rotary shop and hydrometallurgical shop that have been operating since December 2018 on unloading the unfinished production. The work to prepare the manufacturing capacities of Electrozinc for shut down has been complete. 23 thousand tons of sulfide…
In 2018 Electrozinc received 85.4 billion rubles of net losses as opposed to 197.7 million rubles of net profit in 2017. At the same time in 2015 and 2016 the works also saw losses – 895 million rubles and 9 million rubles respectively. Revenue last year dropped by 8% YoY, to 4.54 billion rubles. Sales…
In 2018 Electrozinc fulfilled its annual manufacturing plan by 79%. The reason was the fire on October 21, 2018, which destroyed the electrolysis shop. Last year the company produced 63.065 thousand tons of zinc (73.676 thousand tons in 2017), including 31.584 thousand tons of zinc-aluminum alloy, 105.476 thousand tons of sulfur acid and 274 tons…
The damage done to Electrozinc by the fire in October 2018 totaled 6.2 billion rubles. The damage was calculated together with indirect economic losses. The fire broke out on October 21, 2018 and spread to 4.5 thousand square meters. One firefighter perished, two more people were injured. The reason of the fire was arson. (Ukrainian…
The special committee investigating the accident at Electrozinc has come to a conclusion, that the reason of the fire at the plant has been arson. The plant stopped operating after that. The reason of the arson and the person responsible are yet to be determined. The fire broke out on October 21, 2018. It enveloped…
Electrozinc has started unloading the unfinished products – cake and rotary oxides, as well as zinc-containing materials. For this the rotary and hydrometallurgical shops have been put into operation. 345 employees have been attracted to work. These products can’t be turned into sellable wares due to the fire destroying the electrolysis shop on October 21.…