Ukraine: Metinvest buys more SevGOK
Metinvest B.V. (the Netherlands) has accumulated 96.4% of Severniy Mining and Processing Works.
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.
In January-September Severniy Mining and Processing Works (SevGOK, a part of Metinvest) received 32.15 million UAH of net profits, as opposed to 2040.28 million UAH of profits in the corresponding period of 2014.
In January-September Poltava Mining and Processing Works (PGOK) exported 8678 thousand tons of iron ore pellets.