The Ukrainian Metal

Ukraine: Azovelektrostal sees billion losses in 2014

In 2014 Azovelektrostal (Mariupol, Donetsk region) received 2.34 billion UAH of losses.

According to the company statement, its net income went down by 84.33%, or by 1.72 billion UAH, to 319.79 million UAH YoY.

In 2013 the company received 64.18 million UAH of losses.

Azovelektrostal produces castings for heavy machinery and railroad car building. (Ukrainian metal)

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