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Category Archives: Ukrainian Mining and Metallurgical Company

Ukraine: UMCC receives large order from USA

Ukrainian Mining and Metallurgical CompanyBy admin12.07.2024Leave a comment

The United Mining and Chemical Company, that Ukraine intends to privatize, has received a large order from the USA. The company has resumed titanium-containing ore extraction at Irshansk Mining and Processing Works. IrGOK suspended operation in October 2022 due to the absence of contracts for ilmenite concentrate. In summer 2023, UMCC reported on the relaunch…

Ukraine: SPF replaces UMCC first deputy chairman

Ukrainian Mining and Metallurgical CompanyBy admin02.10.2023Leave a comment

The State Property Fund has fired the first deputy chairman of the United Mining and Chemical Company Yaroslava Maksimenko, having appointed Yegor Perelygin instead. He has been heading the company from August 2021 till April 2022. In March, he returned to the company as a board member. In addition to Perelygin, the board was joined…

Ukraine: UMMC CEO buys almost all shares

Ukrainian Mining and Metallurgical Company, UMMCBy admin15.02.2023Leave a comment

Dmytro Golikov, CEO of Ukrainian Mining and Metallurgical Company, has bought almost 100% of the company shares. At present, Golikov owns 99.999986% of shares. In Q3 2022, Lanacomo Limited and Leadpoint Holding (both from Cyprus) owned 50% of shares each. (Ukrainian metal)

Ukraine: UMMC CEO to buy almost 100% of company shares

Ukrainian Mining and Metallurgical Company, UMMCBy admin30.12.2022Leave a comment

The general manager of Ukrainian Mining and Metallurgical Company Dmitriy Golikov has announced his intention to buy almost 100% of the company. In particular, he intends to purchase more than 22 million ordinary shares, or 99.999986% of the total amount. Golikov says he is acting on his own. (Ukrainian metal)

Ukraine: UMMC net income down in 2018

Ukrainian Mining and Metallurgical CompanyBy admin29.04.2019Leave a comment

In 2018 Ukrainian Mining and Metallurgical Company decreased net income by 44.6% YoY, to 1.736 billion UAH. Last year the company received a net loss of 102.747 million UAH as opposed to 149.255 million UAH of net profit in 2017. The decrease in financial indexes is caused by a long-term decrease of rolled metal price…

Ukraine: UGMK gets losses in 2016

UGMK, Ukrainian Mining and Metallurgical CompanyBy admin27.03.2017Leave a comment

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…

Ukraine: UGMK ends 2015 with profits

UGMK, Ukrainian Mining and Metallurgical CompanyBy admin15.03.2016Leave a comment

In 2015 Ukrainian Mining and Metallurgical Company received 58.5 million UAH of net profits.

Ukraine: UGMK opens up another metal supermarket in Kharkiv

UGMK, Ukrainian Mining and Metallurgical CompanyBy admin09.03.2016Leave a comment

Ukrainian Mining and Metallurgical Company has opened another metal supermarket in Kharkiv. This is the second site in the region. The first was opened in Solonitsevka.

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