Metinvest notes the importance of Dneprovsky Iron and Steel Works, a part of the Industrial Union of Donbass, resuming operation, as it is the key consumer of raw materials on the Ukraine-controlled territory.
“The company is very important for us. But I believe it is also important as an asset for its owners. That’s probably the first shut down of the works, and they are looking for ways to resume operation”, Metinvest CEO Yuri Ryzhenkov said.
He believes it was the reason why IUD invited the ex-CEO of Yenakievo Iron and Steel Works.
“Alexander Podkorytov has had a great experience in the past three years in putting works into operation. In early April his contract with us expired, and as we no longer controlled EMZ, we came to a mutual conclusion not to prolong the contract. And almost immediately IUD got the need in such a manager and they invited him to EMZ”, he said. (Ukrainian metal)
Your advertisement under each post on this site. DETAILS