Metinvest works on the Ukraine-uncontrolled territory, that were seized in March 2017, last year increased losses 10-fold YoY, to $352 million.
According to the group, as of March 15, 2017, the cost of assets of Yenakievo Iron and Steel Works, Metalen, Makeevka Iron and Steel Works, Krasnodonugol, Khartsyzsk Pipe Works, Komsomolskoye Ore Group and Donetskkoks reached $515 million, or 5% of all Metinvest assets. (Ukrainian metal)