Ukraine: Mariupol metal companies not to fire employees

Following the increase of the minimal wage to 3200 UAH from January 1, metal companies of Mariupol, nevertheless, do not plan to fire employees. According to Azovstal HR director Konstantin Voitsekhovsky, all the jobs have been kept. “As of January the average salary was 10 thousand UAH. That’s considerably higher compared to the average salary…


Ukraine: Mariupol Ilyich invests 1.6 billion UAH into modernization

In 2016 Mariupol Ilyich Iron and Steel Works spent 1.647 billion UAH on its technical modernization. Strategic investment projects cost the company 894 million UAH. “That’s the reconstruction of the gas-purifying equipment in the sintering factory (259 million UAH) and the second converter (136 million UAH), overhaul of the blast furnace No. 4 (334 million…