Ukraine: SevGOK profits in Q1 2016
In January-March Severniy Mining and Processing Works received 228.9 million UAH of profits, while in the corresponding period of last year it received 875.55 million UAH of losses.
In January-March Severniy Mining and Processing Works received 228.9 million UAH of profits, while in the corresponding period of last year it received 875.55 million UAH of losses.
The supervisory board of Severniy Mining and Processing Works has reelected Pavel Timoshenko the general director of the company.
Metinvest B.V. (the Netherlands) has accumulated 96.4% of Severniy Mining and Processing Works.
In 2015 Severny Mining and Processing Works received 1212.49 million UAH of losses.
The Ukrainian Stock Exchange has excluded Azovstal Iron and Steel Works, Mariupol Ilyich Iron and Steel Works and Severny Mining and Processing Works shares from the second level of listing and moved them into the exchange list.
In 2015 Severny Mining and Processing Works produced 7.69 million tons of pellets and 13.15 million tons of concentrate, down by 10.9% and 2% YoY respectively.
In January-November Poltava Mining and Processing Works exported 10.43 million tons of pellets.
Vega has installed the digital phone line at the Severniy Mining and Processing Works instead of the old one.