In 2019, Kirov Non-Ferrous Metals Processing Works received 641.2 million rubles of net losses, up 4-fold YoY. Until 2017, the company was demonstrating profit. Thus, in 2016 it received 1030 million rubles of net profit. Revenue in 2019 totaled 8.77 billion rubles, down by 4% YoY. Sales profit grew 2-fold, to 107 million tons. (Ukrainian…
For the past 6 years, Chelyabinsk Zinc Works has been receiving profit. In 2019, the net profit grew by 76%, to 3.39 billion rubles. Revenue dropped by 21%, to 26.55 billion rubles. Sales profit decreased by 26%, to 4.5 billion rubles. (Ukrainian metal)
ArcelorMittal Kriviy Rih began intensive sanitization of its checkpoints and stop pavilions at the plant’s territory. Twice a day, the rescuers of the State Fire and Rescue Team No. 4 help to prevent the spread of COVID-19 infection among employees and contractors who work on the territory of the plant. The checkpoints and stop stations…
In January-February, Ukraine produced 120.06 thousand tons of ferroalloys, down by 29.3% YoY. Nikopol and Zaporozhye Ferroalloy Plants (NZF and ZZF) decreased silicomanganese manufacture by 36.2%, to 88.73 thousand tons. NZF, ZZF and Kramatorsk Ferroalloys Plant (KFZ) increased ferromanganese output by 58.2%, to 19.93 thousand tons, with KFZ producing 9.6 thousand tons. Ferrosilicon manufacture decreased…
Moldova Iron and Steel Works has tightened measures to fight coronavirus. The company has quarantined employees with the most risk of catching the disease. Previously MMZ has sent 16 women with children and 129 employees older than 60 years on quarantine. From April 1, 80% of the personnel will be at home. Jobs have been…
DTEK Dobropolyeugol, Belozerskaya mine and Octyabrskaya Processing Factory suspend operation from April 1 due to a systemic crisis in the power industry of Ukraine, imports of electricity and coal and the constant intervention of politicians in the work of the sphere. “All this makes the stable operation of Ukrainian coal enterprises impossible”, DTEK Energo declared.…
The construction readiness of the rolling mill that will make metal sheets and tinned iron in Miory district, Vitebsk region stands at 93%. The enterprise’s Director General Piotr Shimukovich made the statement while taking Prime Minister of Belarus Sergei Rumas on a tour of the construction site on March 27. The prime minister visited the…
In 2019, Interpipe Nizhnedneprovsk Pipe Works increased net profit 3.5-fold YoY, to 3.652 billion UAH. Undistributed profit as of the end of the last year totaled 3.875 billion UAH. Current liabilities dropped by 22.2%, to 13.567 billion UAH, with fixed liabilities up 4.8-fold, to 2.46 billion UAH, and accounts receivable – by 0.2%, to 13.659…
