The company Rand (Barnaul) has made a decision to sell the Aluminum Forging Works. The starting price will be 85 million rubles. The assets are divided into 4 lots, the first of which includes a building with the floor size of 102.2 square meters, and the rest is machinery and equipment. The auction will be…
Gazprombank and Asaka Bank signed a co-financing agreement to fund important investment projects, including a metallurgical plant not far from Tashkent. The plant will produce cold-rolled sheets with and without coating. The EUR 280-million project will be launched in the coming months so the plant could be put into operation in 2019. The Tashkent metallurgical…
Foreign investors plan to construct a new foundry in Lviv region. According to the press service of the Lviv regional state administration, the regional governor Oleg Sinyutka and the representatives of the investors discussed the possibility of constructing a works to produce aluminum castings. Fundicao de Evora, a joint venture of Aluthea and Schreder, will…
Odessa region witnesses 50 cargo trains on halt at the ports because of the absence of locomotives. According to the people’s deputy from the opposition Alexander Vilkul, the mining and processing works of Kriviy Rih cannot export their products. “Following the previous halt (March 20) 55 thousand tons of iron ore raw materials were not…
In 2016 Chasov Yar Refractory Works received 38.098 million UAH of net profits, down by 8.8% YoY. According to the company statement, its undistributed profits reached 254.308 million UAH. Last year the works current liabilities decreased by 4.1%, to 21.466 million UAH, fixed – by 13.9%, to 10.687 million. At the same time its accounts…
The Buribay Mining and Processing Works, a part of UMMC, has bought new loading machines. The miners have received a backhoe loader, dump trucks, as well as lighter vehicles. The cost of the new machines is 16 million rubles. At present Buribay GOK yields some 200 thousand of copper ore per year, but when it…
The employees of the Kireyevsky Works of Light Metal Structures have addressed the Tula region governor Alexei Dyumin informing him of a 3-months salary debt. According to the minister of labor and social protection of the Tula region Andrei Filippov, as of March 17, KZLMK had salary debts only to 12 employees, who had quitted…
In 2016 Ufaleinickel received 11.04 billion rubles of net losses, up 4.7-fold YoY. It should be noted, that in 2014 the company received 186 million rubles of net profits. Ufaleinickel’s revenue in 2016 dropped by 16% YoY, to 6,324 billion rubles. Sales profit was negative – 1.05 billion rubles of losses against 822 million rubles…