Uralmashzavod will supply the sixth EKG-18 excavator to Kuzbassrazrezugol, a part of UGMK. Since the beginning of the year the company has already received 3 excavators. Assembly of the two of them has begun. 3 more machines will have been supplied by the end of the year. EKG-18 is one of the most sought after…
In 2016 Ukrainian Mining and Metallurgical Company, one of the largest metal-selling companies of Ukraine, received 66.8 million UAH of net losses, as opposed to 51.17 million UAH of net profits in 2015. According to the company statement, its accounts receivable dropped by 4.6%, to 295.353 million UAH, but current liabilities rose by 14.4%, to…
Shareholders of the Ukrainian Mining and Metallurgical Company has reelected Valentin Sobchuk the general director. According to the company statement, Sobchuk has been appointed till December 31, 2017.
In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works. According to the company statement, this will increase mining capacities to 7 million tons of ore per year. Gaysky GOK plans to mine 9.2 million tons of ore, slightly down YoY. (Ukrainian metal)
Ukrainian Mining and Metallurgical Company has opened a new metal supermarket in Brovary, Kiev region, increasing its sites number to 26. The decision to open the store has to do with the necessity to service the left bank side of the Kiev region. The square of the warehouse is 2 thousand square meters, allowing storing…
Ukrainian Mining and Metallurgical Company has opened a metal supermarket in Dnieper (previous name – Dniepropetrovsk). “In order to increase the regional network UGMK has opened another metal supermarket in Dnieper. The site is at Naberezhnaya Zavodskaya, 19d. The first supermarket is on the left bank of the city”, said the company in its statement.…
In January-February metal sales on the local market went up by 27% YoY, to 0.54 million tons. Together with pipes the volume is 0.59 million tons.
Shareholders of Ukrainian Mining and Metallurgical Company have decided to extend the office of a revision committee member and change another, as well as to buy 5% of shares.