Ukraine: metal companies demand canceling railroad tariff discount for Russia

Ukrmetallurgprom has addressed the Prime Minister of Ukraine Vladimir Groysman asking him to cancel the railroad tariff and port fee discounts for coal and ore transportation from Russia from Q2. The enterprise president Alexander Kalenkov believes that under present circumstances such a decision will make the use of the local transportation infrastructure more efficient and…

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Ukraine: Metinvest and DTEK replace directors of 2 coalminers on occupied territory

Metinvest has replaced the director of Krasnodonugol, which has lost control over its assets on the uncontrolled territory of the Lugansk region. According to the company statement, the supervisory board ended the office of the Alexander Angelovsky and appointed Valentin Kononov the acting CEO instead. DTEK has replaced director of Komsomolets Donbassa mine, which has…

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Ukraine: Chervonogradskaya Factory returned to state ownership

The privatization of the Chervonogradskaya central processing factory has been named illegal, and the Lviv regional commercial court of appeals returned its assets to the state ownership. After the privatization in 2008 and the creation of the Lviv Coal Company the state controlled 37.58% of shares in the new company, with 62% controlled by the…

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