The net profits of Chelyabinsk Zinc Works in 2016 increased 1.7-fold YoY, to 3.965 billion rubles. Revenues went up by 19.7%, to 23.424 billion rubles, with sales profits up by 38.4%, to 5.199 billion rubles, and EBITDA up 1.7-fold, to 4.975 billion. Last year the company increased zinc and zinc alloys manufacture by 2.2% YoY,…
In 2016 the net profit of ChTPZ group increased by 5.7%, to 6.357 billion rubles. According to the company statement, its revenues dropped by 9% YoY, to 135.456 billion rubles, EBITDA – by 3%, to 27.9 billion rubles. The net debt of the group decreased by 9.9 billion rubles, or by 76.2 billion rubles, to…
Izhstal, a part of Mechel, has received the highest category of supplier reliability from Tikhvinsky Wagon Construction Works, a leading manufacturer of the new generation railroad cars in the CIS. Izhstal delivers rolled metal of structural, tool and high-speed steel to the works. The wagon works carries out constant evaluations of suppliers according to Russian…
The International Atomic Energy Agency (IAEA)’s Coordination Group for Uranium Legacy Sites (CGULS) has visited northern Tajikistan this month to assist with preparations for remediation of uranium legacy sites. According to the IAEA’s website, the objective of remediation is to reduce the risks to the public and the environment arising from radiation of residual contamination…
A delegation of the Russian Vostok-Geologodobycha company should arrive in Bishkek one of these days, which in 2015 won a tender to develop Jerooy field in Talas region. It is a member of Russian Platinum group of companies. In early April, it is planned to lay a capsule on the site of the future mine…
DTEK energy holding will send official notifications to 32 companies warning them of not buying coal made by the group’s divisions located on the temporarily uncontrolled territory, DTEK CEO Maksym Timchenko has said. “We have a list of 32 companies which potentially could buy this coal. We will send this letter to each company. Today…
In January-February the production of the raw lead dropped by 23.9%, of raw zinc – by 1.7%. According to the Federal Service of State Statistics, in February raw lead output decreased by 35.7% YoY and by 11.6% YoY, while that of raw zinc – by 4.7% and by 11.6% respectively. (Ukrainian metal)
In 2016 Ukrvtorchermet decreased its losses 2.5-fold, or by 1.1 billion UAH, to 707.66 million UAH. According to the company statement, as of the end of 2016, the cost of its assets reached 847.71 million UAH. Accounts receivable totaled 345.14 million UAH, current liabilities – 1.35 billion UAH, fixed liabilities – 3.58 billion UAH. In…
