Ukraine: coal production up in March 2018

In March Ukrainian coal production reached 2.996 million tons of coal, which is 107% of the planned targets, the Trade Union of Coal Mining Industry of Ukraine informed with a reference to the Energy and Coal Industry Ministry. In particular, the production of coalmines managed by the Energy Ministry made up 389,419 tons, which amounted…

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Latvia: Liepājas metalurgs equipment sold for 1.6 million euros

Smart Stahl GmbH (Austria) has confirmed the purchase of the rolling mill from the insolvent KVV Liepājas metalurgs for 1.6 million euros.

The equipment will be handed over to a trade company, created by Smart Stahl.

The deal will be finalized in early May. (Ukrainian metal)

Ukraine: Metinvest to sell Donetskkoks assets for 68 million UAH

Metinvest decided to shut down Donetskkoks on the temporarily uncontrolled territory of Ukraine because of the inability to secure its profitable operation. The decision to liquidate the company was taken on March 29. All the shareholders voted in favor. After all the creditors’ claims have been satisfied, the company might have some assets valued at…

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