The Ukrainian Metal

Ukraine: ZAlK losses down in 2020

In 2020, Zaporozhye Aluminum Combine decreased net losses by 25.6% YoY, to 49.68 million UAH.

In 2018, the company received a net loss of 9.7 million UAH and in 2017 – 279.48 million UAH.

As of the end of 2020, the uncovered loss amounted to 7.14 billion UAH.

ZAlK was the only manufacturer of primary aluminum in Ukraine. (Ukrainian metal)

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