Ukraine: coal mining down in Q1 2018

In January-March Ukraine mined 8.359 million tons of coal, up by 19.3% YoY. According to the Ministry of energy and coal industry, coking coal output dropped by 9.9%, to 1.614 million tons, and that of power-generating coal – by 21.3%, to 6.744 million tons. In March coal mining grew by 1.3%, to 3.024 million tons.…

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Ukraine: over 360 AMKR employees apply for subsidized trip vouchers for vacation

The pilot project “Package Tour for Leave” was launched in the beginning of the year. At this moment, over 360 employees have applied for it and chosen trip vouchers via travel agencies. The price of such a voucher is partly compensated by the company, and the compensation depends on the fact how often does an…

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Ukraine: AMKR to increase salaries of its employees from May 2018

PJSC ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, will increase salaries of its employees from 5% to 20% from May 1. A new remuneration system, which was developed at the company, allows to review the employees’ salaries on a case-by-case basis – depending on the category of the personnel. The main…

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Russia: titanium-rare metal complex in Murmansk region to cost 14 billion rubles

The integrated chemical and metallurgical complex to produce titanium dioxide, rare and rare earth metals will be created on the basis of the Afrikandskoye deposits in Murmansk region. Investments might total 14 billion rubles. Some 2.5 thousand jobs might be created. When the project reaches full capacity, it could produce 75 thousand tons of titanium…

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