Energomashspetsstal has shipped the loading and unloading trunnions for ore mills to Ingulets Iron and Steel Works. The total weight of the order is 71 tons. The companies have been cooperating for over 10 years. Many InGOK mills have equipment produced at EMSS. The next batch is expected by the end of the year. (Ukrainian…
The Kremenchug Car Works has supplied another batch of all-terrain buses KrAZ-5233 to Severniy and Ingulets Mining and Processing Works. This is the second batch of automobiles delivered to the GOKs this month. The first batch was dispatched some 2 weeks ago. (Ukrainian metal)
According to Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies, following the successful debt restructuring completed in March, one of its subsidiaries has secured a new financing facility as part of an equipment leasing agreement. Ingulets GOK, one of the group’s key iron ore producers, has agreed to…
Ingulets Mining and Processing Works, a part of Metinvest, has purchased two 130-ton BelAZs. The keys to giant trucks have been given to the best teams of the company. “InGOK uses only the best machinery in its operation. Within the investment program in May we put to new BelAZs into operation. The new machines are…
Energomashspetsstal has concluded another agreement with Ingulets Mining and Processing Works. The companies have been cooperating for over 10 years, The new contract presupposes the delivery of 17 parts for mining equipment with the total weight of 420 tons. Gear rings, trunnions, nozzles, etc. will be delivered to the customer in July-September. Last month EMSS…
In 2016 Ingulets Mining and Processing Works, a part of Metinvest, received 69.264 million UAH of net losses as opposed to 3498.874 million UAH of losses in 2015. According to the company statement, its undistributed profits at the end of 2016 totaled 1234.407 million UAH. Last year InGOK increased its current liabilities by 15.2% YoY,…
In 2016 Ingulets Mining and Processing Works received 69.26 million UAH of losses, down 50.5-fold, or by 3.43 billion UAH. According to the company statement, its assets at the end of 2016 cost 40.49 billion UAH, up by 10.4% YoY. The company fixed liabilities totaled 1.38 billion UAH, up by 60.9% YoY, with current liabilities…
Ingulets Mining and Processing Works continues the overhaul of the ore-processing factory No. 2 section 14 started in late 2016. After the reconstruction, estimated at 45 million UAH, the capacity of the section will increase by 12%, to 1.2 million tons of ore per year. In 2016 InGOK invested 392 million UAH into capital repairs…
