The State Property Fund was able to replace the director of Zaporozhye Titanium and Magnesium Works LLC based on a decision taken by the Cabinet of Ministers back in February. “Last week we returned Centerenergo to the state, and now have secured state control over ZTMK. The Unified registry of entities now has information about…
Zaporozhye Titanium and Magnesium Works has started producing multiple-use facemasks at its sewing site of the household shop. “We have temporarily switched one of our parts to produce masks. The manufacture will run while there is a demand. The masks will be granted to Zaporozhye healthcare institutions”, the company CEO Vladimir Sivak said. ZTMK has…
Zaporozhye Titanium and Magnesium Works has concluded an agreement with Khim-Trade LLC on the delivery of electrical energy valued at 179 million UAH. Until the end of the year the company has to supply 77.9 million kW-h of electricity at 2.3 UAH per kW-h. In August ZTMK ordered electricity at 2.45 UAH per kW-h, or…
Zaporozhye Titanium and Magnesium Works has concluded an agreement with Alloyed Steels LLC (Dnipro) for the delivery of steel valued at 50 million UAH. The metal has to be supplied this year. The quantity and the steel grade have not been disclosed. This is the first state order for Alloyed Steels, founded on July 10.…
Zaporozhye Titanium and Magnesium Works could suspend operation over the increase of the electricity tariffs. Since July 1, with the new electricity market operating, the tariff for ZTMK has increased by 25%. Thus, expenses on electricity for the company will grow by 15 million UAH per month. The share of electricity in the company product…
A titanium tetrachloride leak occurred at the Zaporozhye Titanium and Magnesium Works. According to the rescuing team, the accident happened because of the tank leakage. As of 11:40 the accident has been eliminated. Chemical materials evaporations have not left the shop territory. There is no danger to the lives of the citizens. There were no…
Zaporozhye Titanium and Magnesium Works has increased wages to its employees by 20% from May 1. According to the company statement, the increase was due to the effective operation of the enterprise. The increase in wages will result in the growth of taxes at the level of over 30 million UAH per year. Payments to…
Zaporozhye Titanium and Magnesium Works LLC has concluded an agreement with the Agency of Investment Management LLC for the delivery of electricity valued at 159.07 million UAH. In April-June the company will supply an unknown volume of electricity at undisclosed price. Previously ZTMK ordered 138 million UAH of electricity for January-March from the “supplier of…