The office of the Ufaleinickel general manager has passed from Timofey Sasykov to Edward Karpenko, the ex-deputy director. The decision has been taken at the shareholders’ meeting. Since April 1 the company has stopped operating. The resumption of the work is only possible when the nickel prices revive. 1.7 thousand employees have already been dismissed.…
In 2016 Ufaleinickel received 11.04 billion rubles of net losses, up 4.7-fold YoY. It should be noted, that in 2014 the company received 186 million rubles of net profits. Ufaleinickel’s revenue in 2016 dropped by 16% YoY, to 6,324 billion rubles. Sales profit was negative – 1.05 billion rubles of losses against 822 million rubles…
According to the Chelyabinsk region authorities negotiations are underway with 3 companies interested in buying Ufaleinickel from the current owner. At present the work is idle. 700 employees have nothing to do, and 500 of them have received notification on resignation. The Verkhny Ufalei town council is engaged in creation of new and temporary jobs…
Ufaleinickel will halt its operation on April 1. The corresponding decision has been taken by the shareholders because of the unfavorable financial and economical situation. The employees will be sent in idle vacation with 2 thirds of the average salary. The company started experiencing problems after the world nickel prices dropped and coke prices increased.…