In 2003 Solway Investment Group (Sweden) purchased Pobuzhye Ferronickel Plant in Kirovograd region, and since then has invested some $200 million. According to Dan Bronstein, chairman of the board, investments went not only in the manufacture, but also in the educational and cultural spheres of the Pobugskoye town. “Now PFK is one of the most…
In January-June Pobuzhye Ferronickel Plant increased ore processing by 6.1% YoY, to 679 thousand tons, or 35.284 thousand tons of ferronickel, down by 2.3%, or 7.5 thousand tons of nickel, down by 2.8%. In H1 the company expects to receive profit of some 2.3 million UAH. The average salary totaled 8038 UAH, up by 29.6%…
The volume of Pobuzhye Ferronickel Plant investment program will this year amount to $.47 million. According to the company CEO Oleg Bespalov, $1.2 million will be spent on the reconstruction of the tubular rotary kiln gas-purifying equipment. Last year PFK began the long-term project on the reconstruction, investing $600 thousand in the purchase of 2…
In 2017 Pobuzhye Ferronickel Plant processed 1.28 million tons of ore, down by 9.8% YoY, which corresponded to 72.5 thousand tons of ferronickel, down by 9.3%, or 15.3 thousand tons of nickel, down by 15.6%. According to the company CEO Oleg Bespalov, the decrease was the result of the capital repairs in H1 2017. The…
Pobuzhye Ferronickel Plant is pondering the creation of its own fleet of cargo railroad open cars. According to the company CEO Oleg Bespalov, at present it uses Ukrzaliznytsia open cars and faces their shortage. “It’s not a big deal at the moment, but in future we would like to have a wagon fleet of our…
In 2018 Pobuzhye FerronickelPlant intends to use some 110 million UAH of investments. “The invest program for the next year is being prepared and will be approved in late October. But we expect its amount on the level not less, than this year”, the company CEO Oleg Bespaly said. According to him, this year the…
In January-September Pobuzhye Ferronickel Plant processed 946.5 thousand tons of ore, down by 14% YoY. According to the company CEO Oleg Bespaly, ferronickel output decreased by 12.8% YoY, to 54.1 thousand tons, or 11.5 thousand tons of raw nickel, down by 18.1%. The output decrease has to do with a major repair campaign. In particular,…
On June 26 Pobuzhye Ferronickel Plant ceased using the anthracite coal in its manufacture. According to the company CEO Oleg Bespalov, PFK consumes some 20-22 thousand tons of power-generating coal per month. At the same time it needs only 1.5 thousand tons of anthracite per month. “Anthracite is our main problem. We’re pondering various suppliers…
