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Daily Archives: 25.06.2024

Ukraine: Pokrov GOK loss up in 2023

Pokrov Mining and Processing WorksBy admin25.06.2024Leave a comment

In 2023, Pokrov Mining and Processing Works increased net loss 13-fold YoY, to 624.049 million UAH. In 2022, loss amounted to 47.933 million UAH. In 2021, loss was 82.233 million UAH, in 20220 – 21.798 million UAH and in 2019 – 110.2 million UAH. In January-September 2023, the company increased net loss 4.8-fold YoY, to…

Ukraine: Ukrzaliznytsia unable to supply ore to Slovakia due to electricity shortages

oreBy admin25.06.2024Leave a comment

Because of the limitations in electricity supply due to constant Russian attacks, Ukrzaliznytsia cannot fulfill its plan to deliver ore to Slovakia. Thus, the transportation of ore via the Chop-Cierna nad Tisou route falls short of almost 40 thousand tons. That’s mostly sinter ore going to Metinvest. Moreover 11 thousand tons of PGOK iron ore…

Ukraine: DSS liquidates revision commission

Dneprospetsstal electrometallurgical worksBy admin25.06.2024Leave a comment

On May 29, shareholders of Dneprospetsstal heard reports for 2023, renewed the supervisory board composition, made amendments to the statutory documents and liquidated revision commission as the controlling body. Due to the profitless operation of the company in 2023, it was decided to reimburse the losses with the profit from future periods. Maxim Kovtun and…

Ukraine: Zaporizhkoks leaves 2023 profit undistributed

ZaporozhkoksBy admin25.06.2024Leave a comment

In 2023, Zaporizhkoks received net profit of 399.84 million UAH, which it left undistributed. According to the shareholders meeting on April 30, the shareholders approved of the work of the supervisory board in 2023. Both shareholders took part in the meeting – Metinvest B. V. (the Netherlands) and Zaporizhstal. In Q1 2024, Zaporizhkoks received a…

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