Ukraine: Zaporizhstal January-November 2015 results
In January-November Zaporizhstal noted an 8% rise in pig iron manufacture YoY.
In January-November Zaporizhstal noted an 8% rise in pig iron manufacture YoY.
The state power company Zaporozhyeoblenergo has cut off Zaporizhstal from electricity due to its debts of 140 million UAH.
Zaporizhstal has received a notification from the energy company Zaporozhyeoblenergo that it plans to stop electricity supplies to the works due to the breach of payment terms as the result of the state VAT debt of 822 million UAH.
A group of pipe industry representatives visited Zaporizhstal. They discussed cooperation possibilities under the heavy economical conditions.
In January-October Zaporizhstal paid 2.1 billion UAH of taxes, up by 1.04 billion (or 2 times) YoY.
Zaporizhstal doesn’t employ migrants from the temporarily occupied territories, said the Zaporozhye region job center director Irina Dudnik.
Metinvest, owner of the number of Ukrainian works, including Zaporizhstal, threatens to stop them.
Zaporizhstal has entered the final stage of its sintering shop reconstruction project – the works has stopped its sintering machine #3 to connect the main gas-purifying equipment.