Russia: KMAruda profits up in 2016

In 2016 KMAruda received 566 million rubles of net profits, up 1.7-fold YoY. According to the company statement its income rose by 7.9%, to 5 billion rubles. “The positive dynamics was provided by the increase in revenue and the concentrate price”, the company said. The works was also able to cut expenses by slightly decreasing…

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Russia: Novatek interested in Tyumen region metal structures

The Russian oil-and-gas company Novatek has announced the gathering of the information on the level of technical and manufacturing capacities of metal suppliers from Tyumen region. In particular, the company is interested in the information on the technological pipelines, pipe valves, heat-exchanging machinery, heating equipment, pipe wares, crane and lifting equipment, as well as metal…

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