The Ukrainian Metal

Ukraine: Yuzhnodonbasskoye Mine Group overpays for timber

The Yuzhnodonbasskoye Mine Group No. 1 has chosen the individual entrepreneur Ushakov the winner of the tender to supply timber.

The offer of the businessman was 3.58 million UAH.

The offer of another participant – I.S.I. Wood Ukraine (2.48 million UAH) – was rejected because of the error in the documents. Instead of the total cost the company stipulated the cost of 1 cubic meter of timber.

Thus the overpayment will total 45%, or 1.1 million UAH. (Ukrainian metal)

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