Belarus: BMZ saves $118.6 million in 2018 by reducing costs

The economic effect from introducing cost-saving measures in the Belarusian steel mill BMZ totaled $118.6 million in 2018 or over 9% of the prime cost of the products the company makes. The figures were mentioned by the company’s Director General Anatoly Savenok at a performance review conference of the company’s trade union. According to the…

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Ukraine: state mines cut off grid

A number of state coalmines on April 1 were cut off grid. According to the National Miners’ Union chairman Mikhail Volynets, mines of the state enterprises Volynugol (Volyn region), Lisichanskugol, Pervomayskugol and Mirnogradugol (all three – Lugansk region), as well as the mines Kapitalnaya and Centralnaya have been cut off grid. The enterprises are working…

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