In March, Zaporizhstal increased rolled metal manufacture by 45.5% YoY, to 219.4 thousand tons. Pig iron output grew by 41.1%, to 273.1 thousand tons, and steel – by 31%, to 260 thousand tons. Compared with February, pig iron production increased by 10.5%, pig iron – by 9.8% and steel – by 10.4%. In Q1, Zaporizhstal…
Centravis Production Ukraine Private JSC has fulfilled an order to supply 20 tons of pipes to the Remontova shipbuilding plant in Gdansk, Poland. The pipes had sizes of 12×1.5, 28×2 and 42×3 mm. Remontova is one of the major European shipbuilding companies. Ukrainian stainless seamless pipes will be used in repairing and reequipping ships, in…
Mariupol Ilyich Iron and Steel Works, occupied by Russia, will be buying sheets for its electric-welding pipe shops Nos. 1 and 2 from Russian manufacturers. Since the European market has been closed for Russia, it has a surplus of sheets. Moreover, Alchevsk Iron and Steel Works, also situated in the temporarily occupied territory of Ukraine,…
In 2023, Velta Manufacturing and Commercial Firm LLC received revenue of $35 million, while in 2022 the revenue was higher. “Our revenue ranges from $30 to $50 million per year,” the company CEO and co-owner Andriy Brodskiy said. The output target in 2022 was 62% fulfilled and in 2023 – 73%. But since mid-2023, the…
Foreign Minister of Kyrgyzstan Jeenbek Kulubaev visited the Malaysian company Public Gold, which sold and manufactured gold and silver products on an industrial scale. The parties discussed with the leadership of Public Gold the establishment of cooperation with Kyrgyz companies on the creation of joint ventures in the Kyrgyz Republic for the production of gold…
In 2023, Navoi Mining and Processing Works retained the status of the largest taxpayer. Last year, the company made 67.5 trillion soums worth of products, up by 3.8% YoY. Prime cost decreased by 5.8%. 38.6 trillion soums was paid to the state budget. 1445 new jobs were created. The share of the company in the…
For the past several months state mines have been exceeding coal output targets. Thus, since the start of the year, coal output has increased by 24% YoY, the Ministry of Energy reports. While in March 2022, state mines yielded 173 thousand tons of coal and for a long time this figure had been decreasing, in…
In 2023, Pivdenkoks Private JSC decreased net loss by 95.2% YoY, to UAH 58.02 million. At the remote shareholders meeting, the shareholders intend to summarize the operation in 2023 and agree on covering the loss with the profit of future periods. Moreover, the company intends to sell its own shares, bought-back from shareholders or purchased…