Zaporozhye Titanium and Magnesium Works, a part of Group DF, intends to receive 41.7 million UAH of profits in 2015.
“In 2015 ZTMK will increase its net profit from 35 million UAH last year to 41.7 million, while its net income will rise to 1.7 billion UAH, from 1.4 billion last year”, said the United Mining and Chemical Company (UMCC) CEO Alexander Gladushko.
In April the Cabinet of Ministers delegated the management of the 51% shares of ZTMK, owned by the state, to UMCC. (Ukrainian metal)