Ukraine: Kremniypolymer and ZTMK owe 0.5 billion UAH for electricity

In addition to increasing debts, Kremniypolymer and Zaporozhye Titanium and Magnesium Works keep on stocking hazardous materials and cooperating with Russia. “As of today their total debt to the regional power generating company exceeds 500 million UAH. They also increase stocks of hazardous materials. In particular, Kremniypolymer increased ammonia and chlorine stocks by 60 tons”,…

Ukraine: court to hear lawsuit on termination of contract on ZTMK creation

Donetsk business court of appeals has satisfied a counterclaim of the Specialized Anti-Corruption Prosecutor’s Office (SAPO) and ordered the business court of Zaporizhia region to hear the lawsuit of SAPO seeking the termination of the contract between the State Property Fund of Ukraine (SPF) and offshore company Tolexis Trading Limited (Cyprus), a part of Dmytro…

Ukraine: ZALK and ZTMK to be privatized

The State Property Fund has compiled a list of state assets for privatization and is busy working out its terms.

In particular Zaporozhye Aluminum Works and Zaporozhye Titanium and Magnesium Works are among companies to be privatized in 2016. (Ukrainian metal)

Ukraine: ZTMK chooses auditor

Zaporozhye Titanium and Magnesium Works has chosen the auditor company Audit-finansy to conduct its 2015 financial audit for 199 thousand UAH.

The offer was accepted on May 19. The audit is to be conducted within 60 days of the agreement signing.

5 other companies offered higher prices. (Ukrainian metal)

Ukraine: ZTMK to supply titanium to BAOTi

Zaporozhye Titanium and Magnesium Works will be supplying spongy titanium to a major Chinese company – Baoji Titanium Industry Co., Ltd (BAOTi).