Ukraine: new CEO appointed to Zinc

Ex-CEO of the Ukrainian Tobacco Company LLC Andrei Duvanov has replaced Alexander Safin in the office of the CEO of Zinc (Donetsk region). The decision was taken at the supervisory board meeting on June 27. Duvanov has been appointed from July 4 for 3 years. In 2018 Zinc received 3.983 million UAH of net profit,…

Ukraine: Ministry of Temporarily Occupied Territories wants sanctions against Moldova Works resumed

The Ministry on the issues of temporarily occupied territories and internally displaced people suggests resuming sanctions against Moldova Iron and Steel Works, situated in the Moldova-uncontrolled Transnistria. The plant has been under sanctions since 2018, but in March was excluded from the list. The main customer of MMZ, processing scrap and producing rolled metal, is…