Provided the sea corridor operates stably, in the first quarter of 2024 iron ore exports could reach 2-3 million tons per year. “That is for all Ukrainian manufacturers. Before the full-scale Russian invasion, Metinvest alone exported 2 million tons of iron ore per month. Yet, there is a potential to expand other exports – metals,…
Metinvest, as a major shareholder of Zaporizhstal, has initiated an extraordinary shareholders’ meeting to transform the latter from the public joint stock company into private joint stock company. The meeting is scheduled for January 29. There are 18 issues on the agenda, among which is appointing KPMG Audit the auditor for 2020-2022. Net profits received…
On January 22, Donetskkoks will hold a remote shareholders meeting. The shareholders will discuss firing the company liquidator Mikhail Vergun. Konstantin Teneta could be appointed instead. The company is situated on the temporarily occupied territory. (Ukrainian metal)
In January-September 2023, Zaporizhstal decreased net loss by 91.8% YoY, to 236.623 million UAH. Net income grew by 9.2%, to 41.329 billion UAH. Undistributed profit amounted to 28.961 billion UAH. (Ukrainian metal)
The Antimonopoly Committee of Ukraine has allowed Dneprometiz TAS LLC buying the Nail company, one of the largest manufacturers of nails. The decision was taken on December 28, 2023. The TAS Group announced its decision to buy the company in early 2022, before the Russian full-scale invasion. Nail controls 30% of nail market in Ukraine.…
