Ukraine: ZALK ends 2015 with losses
In 2015 Ukraine’s only primary aluminum producer – Zaporozhye Aluminum Works received 2043.75 million UAH of losses.
In 2015 Ukraine’s only primary aluminum producer – Zaporozhye Aluminum Works received 2043.75 million UAH of losses.
The only producer of primary aluminum in Ukraine – Zaporozhye Aluminum Works – plans to start producing aluminum wire rod and silicon at the expense of selling unused assets.
The supervisory board of the Zaporozhye Aluminum Works has elected Dmitry Lobikov the CEO of the company.
In January-September Zaporozhye Aluminum Works received 1336.89 million UAH of net losses, up by 11.7% YoY (1197.07 million UAH).
The State Property Fund is finishing its inventory supervising of the only Ukrainian primary aluminum manufacturer Zaporozhye Aluminum Works (ZALK) to determine the prospects of resuming production process.
The State Property Fund of Ukraine has announced a contest for a vacancy of the Zaporozhye Aluminum Works CEO.
The State Safety Service of Ukraine has started the procedure about the illegal disassembly of the Zaporozhye Aluminum Works (ZALK) machinery.
The share of the Russia-based Rusal in Zaporozhye Aluminum Works (ZALK) decreased from 97.547% to 29.5363%, while that of State Property Fund increased from 0% to 68.0095%.