Russian Copper Company is studying the opportunity to buy the property of the bankrupt Ufaleinickel. “Due to the complex social and economical situation in Verkhniy Ufalei because of the shutdown of the town-forming enterprise, the authorities of the Chelyabinsk region have asked the Russian Copper Company to invest in the organization of manufacture. So far,…
The property of the bankrupt Ufaleinickel has been put up for sale for 568 million rubles. Ufaleinickel was a city-forming enterprise, employing 2.5 thousand people. The operation was suspended because of the low price of products. The initial price of the auction is 568.699 million rubles. It will decrease by 10% each 10 calendar days…
The authorities of Chelyabinsk region want to relaunch the manufacturing sites of Ufaleinickel, shut down several years ago. The regional governor Alexei Teksler has visited the town of Verkhniy Ufalei and the site of the plant. The main thing is to find investors. So far, only small investors have shown interest to the site. If…
An expert commission has finished evaluating the assets of Ufaleinickel. The company went bankrupt some 18 months ago. The auction could be held in summer. The combined cost of the lots is around 1 billion rubles. Two investors are already mulling the purchase of the works. (Ukrainian metal)
In 2017 Ufaleinickel received 3.02 billion rubles of losses, down 3-fold YoY. In 2016 and 2015 the company losses totaled 11 billion and 2.3 billion rubles respectively. Ufaleinickel saw profit only in 2014 – 186 million rubles. Revenue in 2017 totaled 785 million rubles as opposed to 6.3 billion rubles in 2016. Sales losses last…
The arbitrary court of Chelyabinsk region declared Ufaleinickel bankrupt following the claim of Rost-bank because of the debt of 202.6 million rubles. The total debt of the company to the bank is 14.6 billion rubles. In August the company shareholders decided to shut down Ufaleinickel. (Ukrainian metal)
The second largest nickel manufacturer in Russia – Ufaleinickel – will stop operating. On August 7 the company shareholders voted for the liquidation of the enterprise. According to Ufaleinickel representative Olga Markina, the process will be long. The board of directors is still looking for investors, but so far there have been no agreements. As…
Last year Ufaleinickel produced 10.2 thousand tons of nickel, down by 7% YoY. According to the company statement, this had to do with the instable operation. In 2016 the company sold 543 tons of nickel on the local market, exporting 9.62 thousand tons to far foreign countries and 658.5 tons to CIS. 289 tons of…
