The EU metal import quotas will be in effect for 101 days. As of March 21, Ukraine has used the following amount of quotas: – hot-rolled metal – 84.1% (1.1 million tons); – cold-rolled metal – 49.03% (50.1 thousand tons); – plates – 22.68% (77 thousand tons); – rebars – 54.68% (34.1 thousand tons); –…
Tigers Realm Coal, mining coking and power-generating coal in Kamchatka, received 10.88 million Australian dollars of net profit in 2018, up by 228% YoY. Coal output grew by 131%, to 576 thousand tons. Sales totaled 393 thousand tons, up by 138%. In particular, coking coal sales went up by 326%, to 179 thousand tons, and…
Uralelectromed has produced 4 million tons of copper wire rod in 20 years. The total length of the rods produced is 8 million km. Uralelectromed is the largest producer of copper wire rod in Russia. Its share on the domestic market is 40%. (Ukrainian metal)
In 2018 Metinvest paid $15.3 million of bonuses to its top managers. In 2017 the bonuses amounted to $13.3 million. In addition to the CEO Yuri Ryzhenkov, the Metinvest board comprises of Yulia Dankova, Alexander Pogozhev, Oleg Tokar, Svetlana Romanova, Dmitry Nikolayenko, Oleg Shudra, Alexei Gromakov, Andrei Yemchenko, Alexander Komlyk, Olga Ovchinnikova and Sergey Detyuk,…
Russia’s Mechel has paid in full for the Donetsk Electrometallurgical Plant purchased in 2011. The group lost control over the plant 3 years ago. Mechel bought 100% of the enterprise shares for $537 million with the payment by monthly installments until late 2018. In February Mechel paid the last installment. (Ukrainian metal)
In 2018 Poltava Mining and Processing Works received 5.1 billion UAH of profit, up by 20.25% YoY. According to the company statement, its assets as of the end of 2018 grew by 22%, to 27.9 billion UAH. PGOK current liabilities went up by 0.032%, to 18.842 million UAH, and accounts receivable – by 23.1%, to…
UiPath, the creator of a leading RPA (Robotic Process Automation) platform, identified the achievements of MMK Group in the field of software robotics. The conference “RPA DAY!” dedicated to the technology of software robotics took place in early March. About 140 people attended the conference, which was organized by QIWI. Heads of RPA of large…
In 2018 Zaporozhye Secondary Materials Processing Works (Zaporozhye Vtormet) received 1.924 million UAH of net losses, up by 51.3% YoY. The uncovered losses as of the end of 2018 were 113.131 million UAH. The company current liabilities dropped by 1.1%, to 90.047 million UAH, and it has no fixed liabilities. The accounts receivable decreased by…
