Shareholders of Ordzhonikidze Mining and Processing Works decided to change the name of the company.
At the first in three years meeting they renamed the company Pokrov Mining and Processing Works. They have also approved of the reports, reelected the supervisory board, revision commission and the board.
In 2013 OGOK received the net loss of 97.165 million UAH, in 2014 – net profit of 2.605 million UAH, in 2015 – 3.494 million UAH of net profit.
Last year the company received 112.224 million UAH of net losses.
In 2016 OGOK produced 792.7 thousand tons of manganese concentrate and sinter, down from 895.1 thousand tons in 2015.
This year the company intends to produce 1.287 million tons of concentrate and 230 thousand tons sinter. (Ukrainian metal)