Avdiivka Coke and Chemical Works, Metinvest and Avdiivka city council have signed an agreement on social partnership for 2016. According to the document, financing of social programs will be increased to 9.5 million UAH. The agreement was signed by Metinvest CEO Yuri Ryzhenkov, Avdiivka Coke general manager Musa Magomedov, the city mayor Yuri Cherkasov and…
Metinvest has stopped the desulfurization shop #1 at Avdiivka Coke And Chemical Works for an overhaul.
In case Azovstal and Avdiivka Coke and Chemical Works shareholders decide to switch from public to private joint-stock ownership, their shares might be entered into the waiting list for exclusion from the main index of the Ukrainian Exchange.
The supervisory board of Avdiivka Coke and Chemical Works has reelected Musa Magomedov the general director of the company.
The Ukrainian Stock Exchange has moved Avdiivka Coke and Chemical Works shares from the second level of listing to the zero level.
In 2015 Avdiivka Coke and Chemical Works received 312.63 million UAH of net profits.
Avdiivka Coke and Chemical Works cannot increase coke output due to logistical limitations.
The mayor of Avdiivka Yuri Cherkasov said that Avdiivka Coke and Chemical Works had enough work.