Zaporozhye and Nikopol Ferroalloy Plants, both part of the Privat Group, have suspended operation. The furnaces have been shut down for winter due to the problem with the constant supply of electricity and water. While in shutdown, the plants will focus on repairs. Breaks in electricity and water supply affect technical conditions of furnaces. Moreover,…
A court has arrested the shares of Oksana Marchenko, the wife of the traitor Victor Medvedchuk, in Zaporozhye Ferro Alloys Works valued at over 1 billion UAH. The court decision concerns 13.7% of the company shares, that the wife of Medvedchuk owns via 4 offshore companies. ZZF is the only producer of metallic manganese in…
Shareholders of Zaporozhye Ferro Alloys Plant intend to leave all the profit received in 2018 (112.581 million UAH) undistributed. According to the agenda of the meeting scheduled for May 21, the dividends will not be paid. In 2019, the company received a net loss of 600.669 million UAH. As of late 2019, the undistributed profit…
In January-September, Zaporozhye Ferro Alloys Plant decreased ferroalloys output by 23% YoY, to 153.3 thousand tons. In particular, silicomanganese manufacture dropped by 34.6%, to 71.65 thousand tons, and ferrosilicon – by 20.4%, to 44.88 thousand tons, while ferromanganese grew by 23%, to 34.56 thousand tons. Metallurgical manganese output fell by 56.8%, to 2.21 thousand tons.…
In early June, Zaporozhye Ferro Alloys Plant passed a recertification audit for the compliance of the quality management system to the requirements of the international standard ISO 9001:2015. The inspection has been carried out by the specialists of the Bureau Veritas Certification Ukraine. The only inconsistency in the quality management system noted by the experts…
In January-August Zaporozhye Ferro Alloys Plant increased output by 9.1% YoY, to 177.66 thousand tons. In particular, the company produced 95.77 thousand tons of silicomanganese, up by 18%, 52.18 thousand tons of ferrosilicon, up by 2.7%, and 25.13 thousand tons of ferromanganese, down by 2.5%. Metallic manganese manufacture decreased by 10.2%, to 4.58 thousand tons.…
In January-March, Zaporozhye Ferro Alloys Plant increased output by 13.6% YoY, to 67.3 thousand tons. In particular, silicomanganese manufacture grew by 18.2%, to 34.23 thousand tons, ferrosilicon – by 12%, to 21.9 thousand tons, and ferromanganese – by 6.6%, to 9.33 thousand tons. At the same time, the output of metallic manganese decreased by 6.6%,…
As of February 1, 7 employees of the Zaporozhye Ferro Alloys Plant have fallen ill with measles. All the diseased are over 30 years old. One illness has been officially confirmed by the company laboratory. (Ukrainian metal)
In 2018 Zaporozhye Ferro Alloys Plant decreased output by 7.2% YoY, to 246.1 thousand tons. In particular, ZZF increased silicomanganese manufacture by 0.3%, to 123.095 thousand tons, but decreased those of ferrosilicon by 18.8%, to 75.4 thousand tons, and ferromanganese by 4.2%, to 39.3 thousand tons. The metallic manganese output dropped by 2.4%, to 7.4…
The state enterprise Energorynok has not determined the agreement on the electric energy purchase for Zaporozhye Ferro Alloys Plant. Thus, the company will not be able to conclude the agreement for the delivery of electricity from January 1, 2019. If Energorynok suspends the sale of electricity, ZZF will be forced to stop operation. The company…
In January-July Zaporozhye Ferro Alloys Plant decreased output by 7.9% YoY, to 143.5 thousand tons. In particular, silicomanganese manufacture dropped by 3.4%, to 70.62 thousand tons, ferrosilicon – by 14.5%, to 46.28 thousand tons and ferromanganese – by 6.9%, to 22.14 thousand tons. Metallurgical manganese output fell by 9%, to 4.46 thousand tons. (Ukrainian metal)
In 2017 Zaporozhye Ferro Alloys Plant increased net profit 9.4-fold, to 1.648 billion UAH. According to the company statement, its assets grew by 45%, to 3.5 billion UAH, while the total accounts receivable – 2.2-fold, to 2 billion UAH. Fixed liabilities totaled 192.34 million UAH at the end of 2017 as opposed to 203.2 million…
An oil transformer with cables caught fire on the territory of the Zaporozhye Ferro Alloys Plant. Some 28 firefighters and 7 units of special machinery were engaged in extinguishing the fire. The fire appeared on the area of 25 square meters. The reason of the fire is unknown as yet. (Ukrainian metal)