Ukraine: Portugal to construct a foundry

Foreign investors plan to construct a new foundry in Lviv region. According to the press service of the Lviv regional state administration, the regional governor Oleg Sinyutka and the representatives of the investors discussed the possibility of constructing a works to produce aluminum castings. Fundicao de Evora, a joint venture of Aluthea and Schreder, will…

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Ukraine: EMSS produces equipment for Indian NPP

Energomashspetsstal has produced machinery for the fourth block of the Indian Nuclear Power Plant “Kudankulam”. According to the company statement, it has produced 361 units of equipment. The total weight under the contract is 3.952 thousand tons. The company has produced metallurgical billets for steam-generators, pressurizers, main reactor coolant pipe, main circulation pump, etc. (Ukrainian…

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Ukraine: UGOK output up in Q1 2017

In January-March UGOK produced 3.038 million tons of iron ore concentrate, up by 11.9% YoY.

According to the company statement, iron ore sinter production increased by 14%, to 450.8 thousand tons.

In March UGOK produced 1.05 million tons of concentrate, up by 13.4% YoY, sinter output dropped by 12.9%, to 111.9 thousand tons. (Ukrainian metal)

Ukraine: VostGOK profits up in 2016

In 2016 the state enterprise Vostochniy Mining and Processing Works increased its net profits 37.2-fold YoY, or by 480.617 million UAH, to 493.891 million UAH. According to the Ministry of energy and coal industry, the company net income in 2016 dropped by 5.8%, or by 164.107 million UAH, to 2680.422 million UAH, while its bulk…

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