Donetskstal Group expects net profit to fall by 45% in 2012
Mr. Oleksandr Liubarev, CFO of Donetskstal Group, a large Ukrainian coal, coke, cast iron and rolled steel manufacturer, said that the company expected that in 2012 the group would see $171 million in net profit, 45% less than on 2011.He added that thanks to the debt restructuring conducted last year, the debt burden in coming…