In 2014 Vatutino Refractory Works (Cherassy region) received 11.54 million UAH of losses.
According to the company statement, its net income rose by 30.93%, or by 37.12 million UAH, to 157.17 million UAH, YoY.
In 2013 the works profits reached 0.97 million UAH.
The works specializes in mining and processing of secondary kaolins for aluminosilicate refractory companies. 89.33% of the shares belong to A.G.S. (France). (Ukrainian Metal)