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The supervisory board of Yuzhkoks has prolonged the office of the current CEO of the enterprise Vitaliy Litovka for one more year. The decision was taken at the board meeting on April 4. Litovka’s office has been prolonged from April 5 to April 2, 2024. Litovka was appointed Yuzhkoks CEO on September 2, 2022. (Ukrainian…
DetailsOn April 4, Russian terrorists carried a bomb-missile strike on Toretsk. As a result of the strike, two employees of the Centralnaya mine perished. The mine is a part of the state enterprise Toretskugol. The missile hit an administrative building at night. A telephone operator was wounded. Electricity supply to the mine was not destroyed.…
DetailsIn the second half of 2022, Metinvest worked on the level of break-even. Mining segment EBITDA totaled $248 million and metal segment – $20 million. Overall EBITDA was $315 million, down from $3.25 billion in H1 2021. Capital investments amounted to $147 million. $31 million was invested in metal manufacture and $113 million – in…
DetailsIn March, Zaporizhstal increased rolled metal output by 51.4% MoM, to 150.8 thousand tons. Pig iron manufacture grew by 54.6%, to 193.6 thousand tons, and steel – by 54.4%, to 184.4 thousand tons. At the same time, in March 2022, Zaporizhstal produced 62.1 thousand tons of rolled metal, 3.3 thousand tons of pig iron and…
DetailsIn 2022, Centravis Production Ukraine exported 11.6 thousand tons of seamless pipes to 46 countries, down by 33% YoY. Revenue dropped by 9%, to EUR 125.8 million. Despite all the difficulties caused by war, the company was able to retain high output volumes at its main manufacturing capacities and its place among the top 10…
DetailsIn 2022, Interpipe NMTZ received 382.038 million UAH of net loss, as opposed to a net profit of 175.722 million UAH in 2021. According to the information prepared for the annual meeting of the shareholders scheduled for April 28, to be held remotely, the undistributed profit in 2022 amounted to 198.491 million UAH. This year,…
DetailsThe State Property Fund intends to auction Demurinskiy Mining and Processing Works. Prior to confiscation the company belonged to the Russian businessman Mikhail Shelkov. Nikolaev Alumina Plant, belonging to the Russian oligarch Oleg Deripaska, still has not been transferred to the Fund. But as soon as it happens, the Fund will quickly auction it as…
DetailsNavoi Iron and Steel Works is constructing hydrometallurgical plant No. 6 at the Pistali gold ore deposit. The capacity of the plant will be 4 million tons of ore per year. The work at the deposit began on January 6. Investments in the plant will reach $274.7 million. More than 2 thousand jobs will be…
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