The Ukrainian Metal

Ukraine: with 480 million UAH in 2016 Lvivugol will be profitable in 2017

If the state supports Lvivugol with 480 million UAH in 2016, the enterprise will be able to work without losses in 2017.

“Lvivugol has developed a program that allowed it to work with the state support in 2016 and get profits in 2017. Unfortunately, this program was not supported, and we ended in a critical situation”, said the company acting CEO Andrei Dyachenko.

“In December 2014 we were told the program would not be supported. So we decided to implement another program. I can guarantee that if the state supports us with 480 million UAH in 2016, in 2017 we will be working without losses”, he added. (Ukrainian metal)

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