Ukraine: KhTZ resumes operation

On September 12, Khartsyzsk Pipe Works received orders and resumed operation. “KhTZ periodically receives some small orders from Metinvest companies. Until the end of the month it should produce 5.4 thousand tons of pipes with 630-1420 mm diameter, with 1.2 thousand tons with anticorrosion coating”, said Metinvest in its statement. Still, normal operation of the…

Ukraine: state mines to get 1.8 billion UAH

In 2017 the Cabinet of Ministers plans to spend 1.8 billion UAH from the state budget to finance the state sector of the coal industry. “We will have money to restructure mines and support miners. On one hand, we will be restructuring mines, on the other we will be supporting the industry”, said Ukraine’s Prime…

Ukraine: state miners see no wages

As of September 21, salary debts to the employees of the state coalmining companies have reached 550 million UAH, according to the energy and coal industry minister Igor Nasalik.

He added that without 1 billion UAH planned in the state budget for 2017 it would be impossible to stabilize salary payments next year. (Ukrainian metal)

Ukraine: AMKR keeps on replacing financial directors

Igor Kublitsky, the deputy financial director-chief accountant of ArcelorMittal Kriviy Rih has been appointed acting financial director-chief accountant. According to the company official information, the previous acting financial director-chief accountant Pavel Zadorozhny, who has been in the office for a month, has been dismissed. Kublitsky has been appointed from September 20, 2016 till June 30,…

Ukraine: AMKR pays 4.8 million UAH to the city infrastructure development

ArcelorMittal Kriviy Rih paid 4.8 million UAH of the share contribution for the development of city infrastructure. Since 2008 AMKR has concluded 63 agreements of share participation with Kriviy Rih City Council. All the costs in full will be transferred to local budget for development of engineering-transport and social infrastructure of Kriviy Rih in correspondence…