Ukraine’s police are investigating two companies and a factory over a coal deal, which some anti-corruption campaigners say epitomizes the difficulties of doing business in the Eastern European country. The sums involved in the deal are small but the Anti-Corruption Action Center, an independent watchdog, says it illustrates the lack of transparency in Ukrainian business,…
Since the start of the year Korshunovsky Mining and Processing Works has invested 130 million rubles in the modernization of the manufacture. In particular, the enterprise has purchased a rod mill, two dredge pumps, and four magnetic separators. The new machines will improve ore processing and iron ore concentrate manufacture. In 2018 KGOK produced 1.972…
In February industrial output in Donetsk region decreased by 8.6% MoM. In particular, in January-February coal mining grew by 18.4%, to 2.2 million tons. Coke output dropped by 5.8%, to 820.3 thousand tons, and in February – by 14.1% MoM. Pig iron manufacture fell by 10.6%, to 1.3 million tons, and steel – by 0.2%,…
Amur Zoloto LLC, developing gold sites in Khabarovsk region, in January-February produced 152.8 kg of gold. In particular, the Yubileyniy Mining and Processing Works at the Krasivoye deposit processed 16.4 thousand tons of ore and 1.3 thousand tons of concentrate. Gold output totaled 152.1 kg and silver – 141.1 kg. Another site – the Brekchievaya…
Energomashspetsstal is finishing the work on the international order to produce and supply billets to be used in the manufacture of reactor machinery for the Akkuyu NPP in Turkey. A delegation of the Turkish Nuclear Energy Agency visited the company on March 20-22. The experts inspected the billets and discussed the manufacturing process. All in…
In 2018 Dneprovsky By-product Coke Plant received 373.62 thousand UAH of net losses as opposed to 1.19 billion UAH of net profit in 2017. The undivided profit totaled 1.37 billion UAH as of the end of 2018. Accounts receivable grew by 4.8%, to 9.68 billion UAH, fixed liabilities – 2.7-fold, to 336.61 million UAH, and…
The state enterprise Ukrpromvneshekspertisa forecasts that in April scrap deliveries to metal companies will grow by 7% MoM, to 245 thousand tons. In March deliveries will grow considerably on the basis of increasing purchasing prices and seasonal improvement of procurement. In April-May delivery level will be roughly on the same level. The forecast volumes of…
In 2018 Raspadskaya increased net profit by 50.57% YoY, to 27.9 billion rubles. Revenue grew by 34%, to 68 billion rubles. Combined output went up by 11%, to 12.7 million tons. (Ukrainian metal)
