AzovElectroStal has reelected Alexei Popov the general manager of the company.

According to the company statement, his office has been prolonged from July 14 for a year.

On July 9, AzovElectroStal has dismissed Yuri Serdyuk from the office of the general manager. Previously Popov worked as the finance director deputy, chief economist of Azovmash.

In 2015 AzovElectroStal received 2.87 billion UAH of losses, up by 22.47% YoY, or by 527.27 million UAH, having decreased its net income by 94.2% YoY, or by 301.24 million UAH, to 18.55 million UAH. (Ukrainian metal)

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