The Ukrainian Metal

Ukraine: mines to be sold to shipwrights

Several Ukrainian mines and one processing factory will be sold to a Switzerland-based company without any connection to coal industry.

“According to the Cabinet of Ministers’ decree of December 30, 2015, six Lvivugol mines, Lviv Coal Company, Novovolynskaya #10 mine, as well as two deposits in Kharkiv region are to be given to a Swiss company. The company was closed out in July 2015. It used to construct boats with sails and had nothing to do with mining”, said the chairman of the Independent Union of Miners Mikhail Volynets. (Ukrainian metal)

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