Ukraine: Antimonopoly Committee punishes Tigipko for buying Dneprometiz

The Antimonopoly Committee of Ukraine has punished the TAS Group of Companies belonging to Sergey Tigipko for 55 million UAH for buying Dneprometiz without the committee’s consent. The committee has studied the case of TAS taking control of Dneprometiz and violating the competitiveness legislation. Thus, the committee has denied Tigipko buying Dneprometiz. Severstal sold Dneprometiz…

Ukraine: Dneprometiz net profit up in 2017

In 2017 Dneprometiz increased its net profit by 79% YoY, to 58.292 million UAH. According to the company statement, its assets as of the end of 2017 totaled 714.885 million UAH, current liabilities – 533.483 million UAH and consolidated accounts receivable – 153.327 million UAH. In 2016 Dneprometiz received 34.73 million UAH of profit, as…