The Ukrainian Metal

Ukraine: Siemens litigating with Alchevsk

Siemens Ukraine has asked the Lugansk region Court to exact 10.88 million UAH of debt from Alchevsk Iron and Steel Works.

The court decided to start the proceedings and appointed the hearing of the case to November 16.

Alchevsk Iron and Steel Works specializes in the manufacture of steel plates and sheets, as well as slabs. 96.1% of the company shares are owned by the Industrial Union of Donbass.

In 2014 Alchevsk Works received 20.2 billion UAH of losses. (Ukrainian metal)

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