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Category Archives: Svetlinsky Ferronickel Works

Russia: Svetly Ferronickel Plant to be shut down by May 2019

Svetlinsky Ferronickel WorksBy admin01.02.2019Leave a comment

The Orenburg region organization of the Mining and Metallurgical Union of Russia received an order of the Svetly Ferronickel Plant CEO on the firing of all its employees (192) from April 30 because of the difficult financial situation. The plant is the main employer of the farthest regional center – the Svetly settlement. By the…

Russia: Svetly Ferronickel Works owing 825 million rubles

Svetlinsky Ferronickel WorksBy admin30.01.2019Leave a comment

One of the major metal enterprises of the Orenburg region – Svetly Ferronickel Works – is undergoing bankruptcy procedure. The bankruptcy claim was filed in October 2018. In three months the number of creditors has grown considerably, and the claims to the company increased from 350 thousand rubles to 825 million. The largest debt of…

Russia: Svetlinsky Ferronickel Works gets three bankruptcy suits

Svetlinsky Ferronickel WorksBy admin17.10.2018Leave a comment

In just one week there appeared 3 announcements on the start of bankruptcy procedures of Svetlinsky Ferronickel Works. Three claimants are EnergosbyT Plus Company, Absolut Bank and an individual. The combined volume of claims is 48 million rubles. The situation at the works worsened in spring, when the experiment to commission the newest energy saving…

Russia: Svetlinsky Ferronickel Works to produce bloom

Svetlinsky Ferronickel WorksBy admin15.06.2017Leave a comment

The modernization of the Svetlinsky Ferronickel Works is soon to be complete in Orenburg region. In August the company intends to start manufacturing a new product – ferronickel-containing bloom from Buruktalskoye deposits ore. The company believes that by August it will have been ready to produce the first batch. Modernization of the works started in…

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