A government decree has been signed on imposing a temporary ban on export of scrap and waste of ferrous metals from Kyrgyzstan outside the customs territory of the Eurasian Economic Union, the press service of the Cabinet of Ministers reports. The export ban is imposed for a period of six months. It applies to scrap…
From May 1, Metinvest will increase salaries of its employees. In April, the group will finish the annual estimation of the personnel for the work in 2020. From April 1, new additional payment of 5% to 25% will be approved. In March, the average salary at Metinvest enterprises was 20.4 thousand UAH, up by 10%…
In 2020, Energomashspetsstal received a net loss of 1.4 billion UAH as opposed to a net profit of 866.4 million UAH in 2019. Uncovered losses amounted to 8.39 billion UAH (7.03 billion UAH). Assets grew slightly to 4.389 billion UAH, including accounts receivable – by 41.8%, to 508.14 million UAH. Current liabilities went up by…
This year, Zheltuginskaya Mining and Ore Company LLC, a part of Kurilgeo LLC, will invest 2.251 billion rubles in the development of the Klyuchevskoye gold deposit tailings in Zabaikalye region. Capital expenditures will amount to 2.111 billion rubles, with the rest to be spent on operational and financial activities. The company has started carrying out…
Severniy Mining and Processing Works will spend over 3 billion UAH to construct a complex to thicken processing waste. The complex will decrease expenses and environment impact by lowering energy consumption and water usage. The complex, the second of its kind in Ukraine, will be designed by Engineering Doberse, Germany. The first complex is used…
Secretaría de Economía of Mexico has prolonged the antidumping duties on the import of carbon steel hot-rolled sheets originating from Ukraine and Russia for 5 years. The duty was set on March 28, 2000 in the amount of 30.31% for Russia and 46.66% for Ukraine. On March 17, 2006 the duty was prolonged for the…
UnisTrade has been registered as a resident of the Grodnoinvest free economic zone. The company intends to produce metal structures. The commission of the first stage of the manufacture is scheduled for late 2022. Investments in the project will exceed EUR 3 million. UnisTrade is one of the largest metal wares manufacturers in Belarus. (Ukrainian…
In 2020, Pobuzhye Ferronickel Plant increased ore processing by 3.1% YoY, to 13.96 million tons. This equals 73.7 thousand tons of ferronickel, down by 1%, or 14.7 thousand tons of nickel, up by 3.7%. Profits amounted to 3.4 million UAH. PFK paid 125.4 million UAH of taxes, up by 19%. This year the company plans…