Ukraine: Zaporozhkoks net profit up in 2017

In 2017 Zaporozhkoks increased net profit 2.9-fold YoY, to 1.058 billion UAH. According to the company statement, the undistributed profit as of last year totaled 2.3556 billion UAH. Current liabilities grew 2.7-fold, to 5.338 billion UAH, while fixed – by 20%, to 219.912 million UAH. The combined debt of the company increased 2.5-fold, to 6.039…

Ukraine: Azovstal, Mariupol Ilyich, Zaporozhogneupor and Zaporozhkoks CEO offices extended

The supervisory boards of Azovstal, Mariupol Ilyich Iron and Steel Works, Zaporozhogneupor and Zaporozhkoks, all parts of Metinvest, have extended the offices of their CEO – Enver Tskitishvili, Taras Shevchenko, Sergey Gorman and Vitaly Litovka respectively – for one more year. The decisions were taken on April 2. The offices have been prolonged from April…

Ukraine: employees killed at Zaporozhkoks

Following an explosion at the Zaporozhkoks 4 employees have been killed. “There was an explosion of the gas tank without burning. A subcontracting organization was performing welding and repair works at the tank, which resulted in the explosion. 4 people perished”, the local police said. According to the works security director Vadim Advokatov, the explosion…