In 2015 Azovstal Iron and Steel Works received 1.76 billion UAH of losses.
“We’re struggling to keep our employees – our people are very dear to us. But the company has to decrease expenses and dismiss someone. And the state simply doesn’t do anything to help the industry”, said the company CEO Enver Tsikishvili.
The company has put into operation its rail shop. In February it plans to produce 12 thousand tons of rolled metal. (Ukrainian Metal)