Interpipe will provide its employees in the Ukrainian Army with 21 thermal imagers and over 100 radio sets. The first 11 German imagers already help defenders in Kharkiv and Donetsk regions. “Each delivery was a special small operation with the help of volunteers and the army. A volunteer car got stuck in Kharkiv region not…
Metinvest continues employing its specialists who have lost their jobs and houses because of the Russian invasion and had to relocate to the unoccupied territory of Ukraine. The group has around 4 thousand jobs in Pokrovsk, Kamenskoye, Zaporzhye and Kriviy Rih. The employees will also be provided with housing, food and clothes. For example, Andrei…
On April 24, Avdiivka By-Product Coke Plant was again shelled by the Russian marauding army. “The Russians have taken lives of two little girls in Krasnogorovka, not far from the plant. The plant was also shelled. Many shops have been damaged. Preliminary, there were no casualties at the plant,” the company ex-director Musa Magomedov has…
After the partial relaunch of the manufacturing process, Zaporizhstal is now operating at 40-50% of its capacity. According to the company CEO Alexander Mironenko, the production at the plant was mothballed for 33 days due to war. Moreover, there were problems with logistics – delivery of raw materials and shipping of products. “After the front…
Ferrexpo increased income by 48% YoY in 2021, to $2.5 billion. EBITDA grew by 68%, to $1.43 billion. Net monetary flows went up by 59%, to $1.09 billion. Due to the Russian invasion of Ukraine, the company board of directors decided to postpone any decision on the interim dividends. The decision will be taken when…
Severniy Mining and Processing Works has started repairing a 10-cibic meter excavator. The repair will be completed until the end of June, and in July the EKG-10 excavator will resume operation in the Pervomayskiy quarry. At the same time, Ingulets Mining and Processing Works has repaired a Cummins engine for a 130-ton dump truck. (Ukrainian…
For the first time in its history, Corum Group has started assembling a UKD200-500 shearer not at the plant, but directly at a mine manufacturing site. The construction of the machine is almost over – the last elements are being installed. On April 20, the shearer will be given to the buyer. Corum Svit Shakhtarya…
Azovstal in Mariupol has been bombed and almost entirely destroyed. “Super powerful bombs are dropped all over the plant and there are a lot of people there. We don’t know the overall situation there, but Azovstal has been bombed and almost completely destroyed. We try to take people from under the obstruction. We will continue…
