This year the state enterprise Toretskugol expects to receive 520 million UAH of losses and next year – some 314.6 million UAH.
According to the company CEO Vladimir Yukhimenko, Toretskugol is the only state enterprise to mine coking coal. Still, its main problem is sales. Since March some 85 thousand tons of coal valued at 160 million UAH have been stored at the warehouses.
The two company mines – the Toretskaya and the Centralnaya mines – are situated near the military activities zone, which affects their operation.
Last year Toretskugol mined 251.2 thousand tons of coal having received 411.94 million UAH of income and sustaining 291.72 million UAH of losses. (Ukrainian metal)