Ukraine: Rusal share in ZALK decreased
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%.
Ukraine: ZALK sued for $39 million
Judson Trading (Cyprus) asked Commercial court of the Zaporozhye region to recover $39.15 million from the only Ukrainian primary aluminum manufacturer Zaporozhye Aluminum Works (ZALK).
Ukraine: Deripaska hopes for swift resolving of situation
Rusal president Oleg Deripaska said he hoped for the political decision in matters with Western sanctions and situation in Ukraine.
Ukraine: Rusal to sell ZALK surplus stock
Rusal is going to sell the surplus stock of the Zaporozhye Aluminum Works (ZALK) to compensate for the current expenses to keep the company operating.
Ukraine: the Russians cutting down ZALK
Management of Zaporozhye Aluminum Works (ZALK) plans to disassemble wire rod shop, said Oleg Lyashko, the leader of the Radical Party of Ukraine.
Ukraine: ZALK losses in 2014 up 21 times
In 2014 Zaporozhye Aluminum Works (ZALK) received 1971.97 million UAH of losses.
Zaporozhye Aluminum Works stops aluminum wire production
RUSAL has stopped aluminum rolled wire manufacture at the Zaporozhye Aluminum Works (ZALK) due to the absence of demand. RUSAL owns the only aluminum works in Ukraine, where high electricity prices halted aluminum manufacture in 2011. Now the works produces rolled wire. The capacities of the works are 20 thousand tons of aluminum rolled wire…