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Category Archives: Azovstal Iron and Steel Works

Ukraine: Azovstal to pay dividends by October 27, 2017

Azovstal Iron and Steel WorksBy admin30.05.2017Leave a comment

Azovstal Iron and Steel Works, a part of Metinvest, will pay dividends to its shareholders from the profits received in 2016 as well as part of the 2014 profits from May 25 through October 27. According to the shareholders decision, taken at the meeting on April 28, the company will pay 0.35 UAH per ordinary…

Ukraine: EMSS to produce rolls for Azovstal

Azovstal Iron and Steel Works, EnergomashspetsstalBy admin25.05.2017Leave a comment

Energomashspetsstal has signed a new contract with Azovstal Iron and Steel Works. The contract presupposes the production and delivery of 27 work rolls for hot-rolling weighing from 6 to 16 tons. The rolls will be supplied in August-September. EMSS rolls will be used at Azovstal to produce bars. The companies have been cooperating for a…

Ukraine: Ukzaliznytsia foiling iron ore deliveries to Berdyansk

Azovstal Iron and Steel WorksBy admin23.05.2017Leave a comment

In May Ukrzaliznytsia foiled delivery terms of iron ore to the Berdyansk sea trade port for short sea traffic to Azovstal Iron and Steel Works. “As Ukrzaliznytsia failed to provide 23 cargo trains per day through Kamysh-Zarya route, we had to look for alternative sources of raw materials supplies. Each of them considerably increases delivery…

Ukraine: Azovstal to pay 1.4 billion UAH of dividends

Azovstal Iron and Steel WorksBy admin01.05.2017Leave a comment

Shareholders of Azovstal Iron and Steel Works at a meeting on April 28, decided to pay 1.47 billion UAH of dividends (0.35 UAH per share). According to the company statement, the dividends will receive a part of the profit, received by Azovstal in 2014 (915 million UAH), and profit for 2016 (558.42 million UAH). In…

Ukraine: Azovstal profits in Q1 2017

Azovstal Iron and Steel WorksBy admin01.05.2017Leave a comment

In January-March Azovstal Iron and Steel Works received 558 million UAH of net profit as opposed to 1.8 billion UAH of losses in 2015. The company net income increased by 24%, to 32.7 billion UAH. In 2015 Azovstal received 1.8 billion UAH of losses as opposed to 916 million UAH of profits in 2014. (Ukrainian…

Ukraine: Azovstal reelects Tskitishvili

Azovstal Iron and Steel WorksBy admin06.04.2017Leave a comment

The supervisory board of Azovstal Iron and Steel Works has reelected Enver Tskitishvili the company CEO. His office has been prolonged from April 4, till April 2, 2018. In 2016 Azovstal received 558.417 million UAH of net profits as opposed to 1.835 billion UAH of losses in 2015. (Ukrainian metal)

Ukraine: Azovstal to pay dividends for 2016

Azovstal Iron and Steel WorksBy admin27.03.2017Leave a comment

Shareholders of the Azovstal Iron and Steel Works intend to spend all the net profits from 2016 and a part of profit from 2014 to pay dividends. According to the shareholders’ decision, they plan to spend 558.417 UAH of net profit for 2016 (0.13352461 UAH per ordinary share), as well as 915 million UAH of…

Ukraine: Azovstal gets 0.5 billion UAH of profits in 2016

Azovstal Iron and Steel WorksBy admin21.03.2017Leave a comment

In 2016 Azovstal Iron and Steel Works, a part of Metinvest, received 558.417 million UAH of net profits, as opposed to 1835.472 million UAH of losses in 2015. According to the company statement, its current liabilities increased by 33%, to 24.95 billion UAH, fixed liabilities – by 25.5%, to 4.819 billion UAH. At the same…

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