The supervisory board of Vatutino Refractory Works (Cherkassy region) has dismissed Guillaume Hubert Delacroix from the office of the chairman from January 1, 2016, and appointed Paul David Vizhnyak instead.
Delacroix resigned from his office. Vizhnyak has been appointed for uncertain time.
In 2014 the works received 11.54 million UAH of losses, with its net income increasing by 30.93% YoY, or by 37.12 million UAH, to 157.17 million UAH.
The works mines and processes secondary kaolins. A.G.S. (France) owns 89.33% of the company shares. (Ukrainian metal)