The Space Heroes Mine Group, a part of DTEK Pavlogradugol, was the first in Ukraine to have mined 1 million tons of power-generating coal since the start of the year. The high yield is the result of the 2-fold increase of capacity at the mine. This has become possible due to the modernization of the…
In 2017 Petropavlovsk Plc received the net profit of $41.5 million, up by 30.9% YoY. According to the company statement, its revenue grew by 8.6%, to $587.4 million, while EBITDA dropped by 1.6%, to $196.8 million. Petropavlovsk is one of the 5 largest gold producers in Russia. Its main assets are in Amur region, where…
Karelsky Okatysh has received a new locomotive with two dump-cars. The machines were produced in Novocherkassk to order. “This is a unique machine. It has powerful engines. As we are now running 115-ton dump-cars, this is an advantage”, the company chief driver Denis Makarov said. This year the company will also receive 12 more dump-cars.…
In 2017 Avdiivka Coke and Chemical Works increased net profits 3.52-fold, to 2.851 billion UAH. According to the company statement, its undistributed profits as of late 2017 totaled 7.16 billion UAH. The company current liabilities grew by 21%, to 12.925 billion UAH, fixed liabilities – by 7%, to 874.15 million UAH, and consolidated accounts receivable…
The net profit of Russia’s Chelyabinsk Zinc Plant rose by 35.7%, to 5.379 billion rubles in 2017, as calculated under Russian Accounting Standards (RAS), the company said in a report on March 28. Revenue rose by 26.7%, to 29.67 billion rubles, the gross profit increased by 14.2%, to 8.286 billion rubles, and cost of sales…
Security Institutions should check the winner of the auction for the sale of KVV Liepājas metalurgs rolling stock equipment – Austrian Smart Stahl GmbH, said Economy Minister Arvils Ašeradens. The minister said the buyer picked for KVV Liepājas metalurgs rolling stock equipment would be checked as soon as they transferred the money, thereby demonstrating readiness…
In January-February Ukraine consumed 527 thousand tons of metal, of which 193 thousand tons, or 36.6% were imported. In January-February 2017 local market consumed 788.1 thousand tons, of which 136.1 thousand tons, or 17.3% were imported. Thus, while the consumption fell by 33%, imports grew by 42%. The share of the flat rolled metal in…
