Major Ukrainian ferroalloy companies (Nikopol and Zaporozhye Ferro Alloy Works), as well as Ordzhonikidze and Marganets Mining and Processing Works, all parts of the Privat Group, continue operating according to their manufacturing plans.

Earlier due to the nationalization of PrivatBank the companies accounts were blocked.

PrivatBank also managed Stakhanov Ferroalloys Plant, ZZF, MGOK and OGOK operation. SZF is idle because of the military activity in the region. NZF is controlled by EastOne, created in 2007 after Interpipe restructuring, and by Privat. (Ukrainian metal)

Leave a Reply