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Ukraine: coal imports down in January-August 2016

In January-August power-generating companies of Ukraine imported $1.21 billion worth of coal, down by $902.2 million YoY. According to the State Fiscal Service, the largest suppliers of coal were Russia ($594.9 million), USA ($132.7 million) and Australia ($49.5 million). Earlier energy minister Igor Nasalik claimed Russian coal was not a priority for the ministry. (Ukrainian…


Ukraine: SCM sells Kolosnikovskaya Factory

System Capital Management has sold almost 100% of the Kolosnikovskaya Central Processing Factory (situated in the Russia-supported terrorist-occupied territory of Donetsk region) to a Makeevka citizen Victor Chmilev. Chmilev has already replaced SCM representative in the supervisory board Alexander Onischenko. According to the board decision the general manager of the factory has also been replaced.…