Ukraine: miners demanding 890 million UAH

According to the Independent miners union of Ukraine, the state owes 890 million UAH to miners, or $33.4 million. Earlier the minister of energy and coal industry Igor Nasalik claimed the debt was 355 million UAH ($13.3 million). “This is not true, as some state-run coal companies still have December 2015 salary debts. According to…

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Ukraine: AMKR assembles new equipment in converter shop

ArcelorMittal Kriviy Rih is updating its converter No. 6, having installed the slag control manipulator. The new equipment will decrease manufacturing expenses and improve steel quality. The manipulator was supplied by Monocon. The same equipment has already been assembled at converter No. 5. After it was put into operation the slag layer in the steel…

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Ukraine: Ilyich-Stal sells insurer

Ilyich-Stal, a part of Metinvest, has sold 29.837 thousand shares or 99.45% of Ilyichevskoye insurance company. The company had 10 deals of 2730 shares each and one deal with 2537 shares. Ilyichevskoye has been working on the insurance market of Ukraine since 2005. It has 30 licenses. In H1 the company increased payment received by…

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