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Metinvest Group’s Zaporizhstal plant continues to fund a program to support employees whose homes were damaged as a result of hostilities. Since the beginning of the full-scale Russian invasion, the plant has allocated over 5.5 million hryvnias to help employees. In wartime, the housing stock of front-line Zaporizhzhia is suffering significant damage. According to local…
DetailsOn February 12, Chairman of the Management Board of Uzmetkombinat JSC Bakhadir Abdullayev held a meeting in Bekabad with a delegation from the international bank Standard Chartered. During the visit, the parties discussed opportunities for premium corporate, institutional and private clients to benefit from sustainable growth across the markets of Asia, Africa and the Middle…
DetailsThe Ukrainian industrial company Interpipe has mastered the production of tubing with Teflon (PTFE) sealing rings, which allowed it to strengthen its competitive position in the oil and gas market. This was reported by the company’s press service. Special rings were purchased in the USA and integrated into Interpipe’s production process. Thread cutting was carried…
DetailsAzerGold CJSC was established by decree of the President of the Republic of Azerbaijan, Ilham Aliyev, on February 11, 2015, marking the beginning of a new stage in the development of the country’s mining industry. This decision ensured significant progress in the exploration and study of ore deposits, as well as in the extraction, processing,…
DetailsOn February 10, the Verkhovna Rada extended the bankruptcy moratorium for the Vostok Mining and Processing Plant and state-owned mines. 247 deputies voted in favor of bill No. 13219 with the corresponding amendments in the second reading and overall. Previously, the moratorium was in effect until January 1. The state-owned enterprise Vostok GOK is the…
DetailsMineral Product International plans to build a plant to produce FeSi-75 ferrosilicon in Ekibastuz, Pavlodar region. The project cost is EUR 213 million ($253.5 million). Of this, the Development Bank of Kazakhstan has promised to provide EUR 148 million ($176.1 million). The financial institution did not disclose the terms. Chevron Direct Investment Fund plans to…
DetailsOn February 5, Rustam Yusupov, Deputy Minister of the Mining Industry and Geology of the Republic of Uzbekistan, together with senior ministry officials, held a videoconference with representatives of China Coal Resource Development. During the meeting, the foreign side expressed interest in implementing joint promising projects, including the modernization of existing production capacities and the…
DetailsIn 2025, Zaporizhzhia enterprises of Metinvest – Zaporizhstal, Zaporizhvognetryv, Zaporizhkoks and Metinvest Machinery (former name – Zaporizhzhia Foundry and Mechanical Plant) – transferred almost 4 billion UAH in taxes and fees to the budgets of all levels in Ukraine, 34% more than in 2024. The lion’s share of deductions is the payment of a single…
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