Ukraine: metal makers produce the most currency
The mining-metallurgical complex, even despite the crisis, is one of the key engines of Ukrainian economy with 15 billion UAH of taxes and around 1 million employees.
The mining-metallurgical complex, even despite the crisis, is one of the key engines of Ukrainian economy with 15 billion UAH of taxes and around 1 million employees.
Ukraine’s metal industry is among priorities for the authorities, but as for now it’s ineffective and not completely competitive.
Despite the free trade zone with EU, in 2016 demand for Ukrainian metal on world markets will continue to decrease.
In 2015 industrial product prices increased by 25.4%.
In January-November 2015 Dniepropetrovsk region sold 264 billion UAH of goods, with 61% owing to processing industry and 24% – to mining.
In December 2015 the Dneprodzerzhinsk city council adopted a new ecological program. But the ecology activists think it needs reworking.
In January-October Ukrainian metal companies EBIT reached minus 15.9 billion UAH, up by 11.2% YoY, or 1.6 billion UAH.
Chairman of the Metallurgists Federation of Ukraine Sergey Belenky said Ukrzaliznytsia shouldn’t increase the cost of its services under the recessing economy.