In 2020, Dneprometiz decreased net income by 7.6% YoY, to 1.227 billion UAH. Net loss amounted to 33.968 million UAH as opposed to a net profit of 25.279 million UAH in 2019. Undistributed profit totaled 60.286 million UAH. Accounts receivable dropped by 3.5%, to 147.148 million UAH, while fixed liabilities grew by 22.6%, to 199.633…
In 2020, Dneprometiz received 33.97 million UAH of net loss as opposed to a net profit of 25.28 million UAH in 2019. Undistributed profit as of the end of last year amounted to 60.86 million UAH. Accounts receivable dropped by 3.5%, to 147.15 million UAH. Fixed liabilities grew by 22.6%, to 199.6 million UAH, and…
In 2019, Dneprometiz received 25.2 million UAH of net profit as opposed to a loss of 7.5 million UAH in 2018. Net income fell by 24.8%, to 1.328 billion UAH. Undistributed profit amounted to 37.1 million UAH. Last year, Dneprometiz produced 59.6 thousand tons of carbon steel wire (82.73% of all output) and 9.96 thousand…
The Antimonopoly Committee of Ukraine has allowed Agimant Limited (Cyprus), owned by the businessman Sergey Tigipko, to buy Dealzone Holding Ltd (British Virgin Island), which owns 98.6578% of one of the largest manufacturers of metal wares – Dneprometiz. The decision was taken on October 8. In April 2019, AMKU prohibited Tigipko’s TAS from buying Dneprometiz…
Dneprometiz has approved of a new date of the annual shareholders’ meeting – October 2 instead of April 24, cancelled because of the coronavirus quarantine. The shareholders will be offered to keep the profit for 2019 in the amount of 25.235 million UAH undistributed. Dneprometiz produces metal wares of low-carbon steel. Its capacity is 120…
Dneprometiz has launched manufacture of galvanized steel wire after reconstruction of the corresponding mill. “We have bought new machinery and commissioned it”, the sales department specialist Pavel Petrenko has reported. The new machinery allows producing steel wire with zinc coating of A, AB, B, C and D classes in the diameter of 0.8 to 9…
In 2019, Dneprometiz received 25.24 million UAH of net profit, while in 2018 it had a net loss of 7.5 million UAH. Undistributed profit totaled 37.09 million UAH. Accounts receivable dropped by 5.4%, to 152.54 million UAH, with fixed liabilities down by 2%, to 22.01 million UAH, and current liabilities – by 26.1%, to 277.45…
The Commercial Court of Kyiv has cancelled the decision of the Antimonopoly Committee of Ukraine dated April 25 of a fine of 55 million UAH on the TAS Group of Companies, belonging to Sergey Tigipko, for the violation of legislation on the economical competitiveness protection while purchasing Dneprometiz shares. The corresponding decision for the suit…
Dneprometiz intends to launch the manufacture of high-quality galvanized steel wire. In particular, the company will reconstruct the existing wire shop. The annual capacity of the shop will be 24 thousand tons of galvanized wire with the diameter of 0.8 to 9 mm. Dneprometiz is already operating two hot dip-galvanizing machines for wire with the…
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…
Dneprometiz, the largest manufacturer of metal wares in Ukraine, will start producing wire with zinc and copper coating. “We have assembled a galvanizing machine at the plant. In June we’ll commission another one”, the company owner Sergey Tigipko said. “We have ordered a machine to apply copper coating. In January we put two mills into…
Dneprometiz has put into operation a fine drawing mill. The machine is made by Mario Frigerio S.p.A, Italy. The mill will produce steel wire without coating with the diameter of 0.75-1 mm. Taking into account the new machine the company capacity in manufacture of fine wire and fiber will grow by 200 tons per month.…
Dneprometiz has started producing low-carbon steel wire with the diameter of 1.2, 1.4 and 1.6 mm according to GOST 3282-64 with a new winding technique. The main characteristic of the winding is the special form and weight of the coil – 200 g. Such products are used as packing materials in various industries. (Ukrainian metal)
