DTEK Dnepro Grid has decided to limit the delivery of electricity to Dniepropetrovsk Tube Works from August 28 because of the debt of 48 million UAH. “At present the debt of the plant has amounted to 48 million UAH. We have several times agreed not to take measures because of a large number of sub-users…
Dniepropetrovsk Tube Works stands idle because of the absence of billets. At the same time the works has orders for pipe manufacture. It just waits for the billets to start production. In January-April DTZ produced 7.1 thousand tons of pipes, up by 73.2% YoY, with 2.4 thousand pipes in April. In 2015 the works decreased…
In 2015 Dniepropetrovsk Tube Works received 152.98 million UAH of losses.
The Ministry of economical development and trade has carried out an audit at Dnieporpetrovsk Tube Works and found out that some of its assets have been given to the private ownership.
The Commercial Court of Dniepropetrovsk region has determined the claim register to the major Ukrainian pipe producer – Dniepropetrovsk Tube Works.
The business court of Dniepropetrovsk region has opened a bankruptcy case against Dniepropetrovsk Tube Works under a claim of Bank Radical (Kyiv) on the collection of a debt of UAH 10.446 million under a credit agreement.
In 2014 Dniepropetrovsk Tube Works decreased its net losses by 59.2%, to 98.857 million UAH YoY.