Ukraine: Metinvest to get 7 billion UAH of debts repaid

The Commercial Court of Kiev has ordered the Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after Dzerzhinsky to pay Metinvest Holding 6.97 billion UAH of debts for iron ore concentrate. In particular, DMKD has to pay 5.78 billion UAH (5.19 million of debt, 437.39 million of fines and 155.4 million…

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Ukraine: Metinvest out of Ilyich-Stal and Mariupol Ilyich supervisory boards

Shareholders of Ilyich-Stal have recalled Metinvest B.V. (the Netherlands) from the supervisory board and appointed 5 people instead. In particular, Metinvest Holding CEO Yuri Ryzhenkov, Metinvest Holding Metal Division director Alexander Pogozhev, deputy financial director Julia Dankova, legal provision director Svetlana Romanova as well as the head of the legal department of Mariupol Ilyich Iron…

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Ukraine: Donetsk region metal output up in Q1 2016

In January-March Donetsk region (without the antiterrorist operation zone) industrial output went up by 10% YoY, with March indexes up by 5.5% MoM and 10.1% YoY. Metal output increased by 11.2%, that of mining – by 19.9% and of coke – 1.6 times. Ordinary coal mining increased by 22.3% YoY, to 3.8 million tons. Pig…

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