Dneprovsky Iron and Steel Works, a part of Industrial Union of Donbass, is expecting the return of VAT at the volume of 1.2 billion UAH by April 28, which will allow putting the company back into operation by May.
“On April 13, our economists checked the VAT reimbursement volumes with the regional department of the State Fiscal Service. At present the state has to return 1.044 billion UAH, plus some 180 million UAH for February”, the company deputy director on economy Vitaly Nagornyak said.
On March 31, the works paid the full February salary to its employees, and after that it had no money to buy the smallest batch of coke. (Ukrainian metal)