PJSC ArcelorMittal Kriviy Rih, the biggest steel company of Ukraine, has announced its financial results for 2017. Key financial results are as follows: Net income from sales – $2.489 billion (UAH 66.19 billion). Net profit – $0.19 billion (UAH 5.06 billion). Amount of investments (CAPEX and OPEX) – $0.338 billion (UAH 9 billion). In recent…
In 2017 ArcelorMittal Kriviy Rih increased net profit by 87% YoY, to $190 million (5.06 billion UAH). According to the company statement, net income totaled $2.489 billion (66.19 billion UAH). Investments last year reached $0.338 billion (9 billion UAH). “This year AMKR will continue investing in developing capacities. The planned amount for this year is…
PJSC ArcelorMittal Kriviy Rih increases the level of technical equipment for its own gas rescue service. Priority No. 1 of the company is safety of its employees at production sites, their lives and health. The enterprise has renewed a fleet of emergency-rescue vehicles at gas rescue service. PJSC ArcelorMittal Kriviy Rih invested 2.4 million UAH…
The trade union of ArcelorMittal Kriviy Rih at the meeting held on March 14 demanded the company management to increase the salary to 1 thousand euros in UAH equivalent from April 1. The employees also demanded the provision of safe working conditions: checking all roofs and constructions. This is connected with the recent collapse of…
On the eve of the holidays Paramjit Kahlon, CEO of PJSC ArcelorMittal Kriviy Rih announced an increase in the salaries for the company employees. This was communicated at the proximity meeting attended by the company managers on March 7. The specialists of the company have already started to adjust the salaries within a grade so…
ArcelorMittal Kriviy Rih will pay all its employees a monetary reward for 2017. The so-called 13th salary will be paid by March 15 in full. According to the company statement, each employee will receive an average monthly salary. The total amount to be paid will exceed 200 million UAH. AMKR is one of the few…
The collapse of the roof in the converter shop No. 1 could lead to major disassembly and construction works and reconstruction of the first block of converters 1-3 at ArcelorMittal Kriviy Rih. This will result in the decrease of the metal manufactured. The special commission will soon start investigating the accident. Last week featured heavy…
Police has started investigating the accident resulting in the death of an ArcelorMittal Kriviy Rih employee. On March 3 the roof of the converter shop under repair collapsed, killing one person. On March 4 the body was found. The person killed was born in 1992. (Ukrainian metal)