Ukraine: Ministry of Energy replaces Krasnolimanskaya mine director

The Ministry of Energy has decided to appoint Sergey Sivtsov the acting director of the state enterprise Krasnolimanskaya Coalmining Company. The decision to fire the director of the enterprise Vladimir Lysak was taken due to his dereliction of duty. Krasnolimanskaya stopped mining coal in 2018, while the license was given to the private Krasnolimanskaya LLC.…

Ukraine: Ukrzinc declared bankrupt

In August, the Commercial Court of Donetsk region declared Ukrzinc OJSC bankrupt. The company has not been operating since 2002. New plants, such as Svinets LLC and Zinc PJSC, have appeared on its manufacturing assets. Ukrzinc was founded in Konstantinovka in 1930 to produce zinc. Its capacity then was 12 thousand tons of zinc per…