Ukraine: Donetskstal joins EURACOAL

Donetskstal has become a full member in the European Coal Association EURACOAL. The decision has been made at the association meeting in Krakow. According to the company CEO Ildar Saleyev, this will enable Donetskstal to get expert support when switching to European standards, start exchanging experience with EU colleagues and get access to technological expertise…

Ukraine: Donbass miners to be paid European wages

Donetsk region mining business continues increasing wages to its employees. As a result, some underground professions already exceed the average level of salary in Poland and the Czech Republic for Ukrainian workers. Average increase in wages reaches 15%. The growth will cover over 10 thousand employees of 8 companies-partners of Donetskstal, including the Pokrovskoye Mine…

Ukraine: Donetskstal vows to clear debts

The Commercial Court of Donetsk region has determined 4 amicable agreements between the fund Glori represented by the Investment Capital Ukraine LLC and Donetskstal. According to the agreements, Donetskstal has to clear its debts of 2.08 billion UAH to Glori within one month. The debts arose from loans received by the company in 2011-2012. (Ukrainian…

Ukraine: Donetskstal said to be put into operation

Donetskstal resumes operation. According to the leader of the so-called Donetsk People’s Republic, the Russia-created and supported terrorist organization, Alexander Zakharchenko, the smelting shop of the enterprise has been put into operation. “In October we will get the first metal as planned”, he said. Earlier DPR reported on the renaming of Donetskstal into Yuzovka Iron…