The Ukrainian Metal

Ukraine: Selidovugol gets the most of 324 million UAH provided by the government

The Cabinet of Ministers has provided 324 million UAH to the coal industry, with the state enterprise Mirnogradugol getting 45 million UAH and Selidovugol – 68 million.

Selidovugol received the most in order to support the recently appointed CEO Alexei Klimchenko and ease the labor tension.

15 million UAH will be spent to pay the rest of the April salary and 1.5 million UAH to clear 13-15% of the May debts.

Mirnogradugol was able to pay May salary and 35% of the June wages. (Ukrainian metal)

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