The Ukrainian Metal

Russia: Vorkutaugol investment program to increase in 2020

In 2020 Vorkutaugol investments will amount to 6.7 billion rubles, up by 20% YoY.

Some 2.8 billion rubles will be spent to modernize the fleet of mining and coal-processing machinery.

Preparation of rock excavation will receive 1.3 billion rubles.

Projects in the sphere of industrial safety will see over 640 million rubles of investments.

IT-projects will need 133 million rubles.

87 million rubles will be invested in environment protection.

Development projects will receive 1.8 billion rubles. (Ukrainian metal)

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