Ukraine: National Coal Company created

The Ministry of energy and coal industry has registered the state enterprise National Coal Company, with Alexei Raychev its director.

The corresponding information has been added to the State Company Registry.

Since 2016 and until mid-April Raychev has been chairing the state enterprise Krasnolimanskaya Coal Company. (Ukrainian metal)

Georgia: two dead in mining accident

Two miners have died at an open extraction coal quarry in Tkibuli town. The bodies are already being examined to identify the circumstances of death. The Ministry of Internal Affairs has started an investigation into the case under the Criminal Code, which implies the violation of safety rules in mining. Another six miners died and…


Russia: MMK AGM results

On June 1 MMK held its Annual General Meeting of Shareholders (AGM) in Magnitogorsk. The AGM approved MMK’s annual report and financial statements for FY 2017 and approved a dividend payment for the 2017 financial year of 0.806 rubles per share (including tax). Previously shareholders received interim dividends for H1 2017 of 9,710.5 million rubles…


Russia: NLMK develops e-commerce

NLMK Group, a global steel company, opens access to an e-commerce website for SMEs. A hi-tech online marketplace is now available at NLMK Group has been operating an e-commerce platform since 2012, based on the “Client-Info” RMS system. Access to the platform is open to large clients that have long-term established relations with NLMK.…


Russia: VZK to produce steel structures for Krasniy Octyabr

Volzhsky Steel Structures Works is participating in the project on the environment modernization of the manufacturing process at the Krasniy Octyabr Iron and Steel Works. According to the VZK sales director Julia Ilchenko, the company will produce gas pipeline structures. The company is also actively cooperating with the enterprises of the fuel and energy complex,…


Ukraine: Zaporizhstal presents environment-protection measures

Zaporizhstal has presented its environment-protection measures at the 2nd International Environment Forum. The environment protection department director Inna Kholina described measures taken by the works to decrease water consumption and water discharge. “The large-scale program on decreasing environment pressure on the region allowed us in 2017 to reduce water intake by 10% and decrease used…