In 2014 Yenakievo Iron and Steel Works (EMZ), a part of the Metinvest group, increased its net losses by 55.6%, to 771.82 million UAH YoY (496.01 million UAH in 2013).

In 2014 the works decreased its current liabilities by 10.1%, to 15778.17 million UAH, but increased its fixed liabilities 4 times, to 5058.37 million UAH. Its accounts receivable went up by 3.8%, to 14291.98 million UAH.

EMZ active assets increased by 11.3%, to 21.18 billion UAH.

In 2014 staff decreased by 3.1%, to 7.02 thousand people. (Ukrainian metal)

Leave a Reply