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Ukraine: UGOK investments up in 2019

In 2019 Yuzhniy Mining and Processing Works used 3 billion UAH of investments. The funds were spent to buy machines, equipment, as well as on capital construction, repairs and social projects. Compared with 2018 the volume of investments grew by almost 400 million UAH. In particular, UGOK purchased 2 Belaz dump trucks with the lifting…

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Ukraine: AMKR restores 27 locomotives in 2 years

ArcelorMittal Kriviy Rih began to apply domestic and foreign analogues instead of Russian components for the capital repairs of locomotives, thus minimizing the impact of Russian Federation’s sanctions regarding prohibition on delivery of locomotives’ spare parts and engines to Ukraine. After the events of 2014-2015, military and technical cooperation between the countries was frozen. Dual-use…

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