Russia: Nornickel unveils new corporate website

Nornickel has launched its new corporate website, now operating on two domains – and, for Russian and English speakers, respectively. The new website is intended to enable users to develop consistent understanding of the company’s strategy, corporate governance principles, values and sustainable development policy. The new resource will help streamline the interaction with…

Ukraine: coal output down in January-August 2017

Production of thermal and coking coal in Ukraine declined by 9.2% YoY in January-August, to 23.606 million tons, according to the Ukrainian Energy and Coal Industry Ministry’s press service. State-owned mines alone produced 3.1 million tons of coal of the total output, while coal production at the state mines fell by 20% over the period…

Ukraine: Donetskstal debts at $1 billion

According to some sources the debts of the Donetskstal Group to the banks could reach $1 billion.

Creditors have doubts as to the company financial reports.

Among the largest creditors is ING Bank NV, the Ukrainian subsidiary of Sberbank, VTB Bank, Alfa-Bank, Delta Bank, etc. (Ukrainian metal)