The terrorist organization Donetsk People’s Republic, created and supported by Russia, is engaged in preparing Metinvest and Donetskstal companies for operation. Control over the companies on the territory of the Antiterrorist operation was lost on March 15. According to a source, the management of the companies has been given to Sergey Kurchenko, an ally of…
In January-March Donetskstal received 1.1 billion UAH of profits, having increased its net income by 76.46%, or by 2.3 billion UAH, to 5.37 billion UAH. In Q1 2016 the net loss of the company amounted to 1.66 billion UAH, while for the whole 2016 the company received 2.28 billion UAH of losses, down 2.7-fold YoY.…
Since March 1, Donetskstal has lost control over some of its assets on the uncontrolled territory of Donetsk region. In particular the group no longer controls Donetsk Iron and Steel Works, Makeevka and Yasinovsky Coke Plants. According to the company statement, it still operates in the legal field of Ukraine and has completely distanced itself…
