Russia acknowledges supplying raw materials to Donbass metal works

The head of the Russian Federal Agency on state reserves Dmitry Gogin confirmed that Russia was supporting Donbass enterprises. Earlier the head of the Russian commission “on humanitarian aid” to the territories of the south-eastern districts of Donetsk and Lugansk regions of Ukraine Sergey Nazarov declared, that “companies, affected by the economical and transport blockade,…

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Ukraine: EGOK taxes up in 2016

In 2016 Yeristovo Mining and Processing Works, a part of Ferrexpo, increased taxes payments by 16% YoY, to 176.7 million UAH. In particular, the state budget received 93.7 million UAH, regional – 43.7 million UAH, local – 39.3 million UAH, or 53%, 25% and 22% respectively. The budget of Gorishniye Plavni received 29.1 million UAH,…

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