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…
