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According to the statement of the CEO and the majority shareholder Yuriy Atanasov, since 2014 the Centravis has decreased sales on Russian market from 80% to 20%, having increased sales to EU from 10% to 70%. Each year the company intends to increase output by 10-15%. In particular, this year the growth will total 10%.…
DetailsUkrgazvydobuvannya ordered Interpipe Ukraine LLC the delivery of pipes valued at 219.5 million UAH. The company has to supply 3790 tons of casing pipes manufactured by Interpipe NTZ and Voestalpine Tubulars GmbH & Co Kg (Austria). The cost of the agreement is 5% lower than the expected cost of the purchase (232.09 million UAH). (Ukrainian…
DetailsDneprometiz has changed the board of directors. According to the company statement, the chairman of the board Sergey Kovryakov, as well as members of the board Andrei Zyshov, Vitaly Palabugin and Sergey Vinogradov resigned. Victoria Zinkevich and Oleg Zheltkov have been appointed instead. In 2016 Dneprometiz received 34.73 million UAH of profits as opposed to…
DetailsIzhorsky Pipe Works has shipped some 2.7 thousand tons of large diameter pipes for the construction of the Sila Sibiri (Power of Siberia) gas pipeline, which will connect the Russian part of the project to the Chinese gas-transporting system. ITZ has produced and supplied pipes of 1420 mm diameter of the K65 steel. “Izhorsky Works…
DetailsIzhstal has finished repairing the steel-smelting complex, producing continuous-cast billet of a wide range of steel grades. The complex produces cast billets of structural, alloyed, stainless, speed, bearing and spring steel. Its capacity is 300 thousand tons per year. It produces 80% of all the liquid steel manufactured at the works. The steel-smelting complex consists…
DetailsIn January-September Norilsk Nickel produced 157.1 thousand tons of nickel, down by 11% YoY. At the same time copper output increased by 10%, to 290.87 thousand tons, platinum remained on the same level – 493 thousand ounces, while palladium went up by 2%, to 2.03 million ounces. In Q3 the company produced 54.17 thousand tons…
DetailsDmitry Bosov, together with his partners actively developing coal business, could obtain a problem asset in Kuzbass – the Zarechnaya company with the reserves of some 400 million tons of power-generating coal. The Trade-Industrial Union LLC, connected with the Razrez Kiyzasskiy of the managing company Vostokugol (owned by Bosov and Alexander Isaev), has purchased debts…
DetailsIn January-September Norilsk Nickel decreased net profits by 23.16% YoY, to 97.706 billion rubles ($1.7 billion). According to the company statement, revenue decreased by 1.09%, to 307.314 billion rubles ($5.344 billion). Gross profit dropped by 3.6%, to 177.832 billion rubles ($3.092 billion), sales profit – by 3.74%, to 153.219 billion rubles. Profit before taxation was…
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