The Ukrainian Metal

Ukraine: state mines not to receive help in 2018

The state budget for the year 2018 does not provide for the subsidies to state coalmines.

“Subsidies for mines are not stipulated in the 2018 budget project”, the minister of finances Alexander Danilyuk said.

The chairman of the Donetsk military-civilian regional state administration Pavel Zhebrivsky in early June said that by autumn 2018 all the state mines should be working without losses.

Earlier minister of energy and coal industry Igor Nasalik claimed that by the end of the year 70% of mines would have been lossless, with 50% profitable. (Ukrainian metal)

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