Subsidiaries of the United Mining and Chemical Company have concluded two agreements with Energy Trade Group LLC on the delivery of gas valued at 280.04 million UAH. In particular, Volnogorsk Mining and Processing Works ordered 16.8 million cubic meters of gas at 11.750 thousand UAH per 1 thousand cubic meters with the payment within 4…
The Cabinet of Ministers has given 3 land plots with the total size of 149.99 ha of the Korosten wood enterprise in Zhitomir region to the United Mining and Chemical Company to mine titanium ore. The size of the plots is 113.4 ha, 19.6 ha and 16.95 ha. According to the accompanying note to the…
The Cabinet of Ministers has approved the financial plan of the United Mining and Chemical Company for 2018. The net income is expected to total 3.6 billion UAH (2.855 billion UAH in 2017), and net profit – 462.85 million UAH (443.71 million UAH). In January-September UMCC decreased net profit by 27.8% YoY, to 423.07 million…
In January-September the United Mining and Chemical Company received 423.079 million UAH of net profit, down by 27.8% YoY. EBITDA decreased by 26.7%, to 524.351 million UAH. At the same time net income grew by 18.3%, to 2.549 billion UAH. Undistributed profit as of late September totaled 297.083 million UAH. (Ukrainian metal)
The United Mining and Chemical Company remains one of the most efficient state enterprises and constantly increases payments to state budget. In January-September the group paid 751.7 million UAH of taxes to the budgets of all levels. Together with the salary the payments totaled 1.097 billion UAH. In H1 UMCC occupied the 59th place among…
On August 12 the United Mining and Chemical Company is turning 4. In four years the company has invested over 1 billion UAH in technical revamping. Payments to the budget grew from 16.9 million UAH in 2014 to 875.7 million UAH in 2017. Last year UMCC paid 321.8 million UAH of dividends to the state,…
In 2017-2018 the United Mining and Chemical Company bought special machinery worth 195.9 million UAH. In particular, for its subsidiaries of Volnogorsk Iron and Steel Works and Irshansk Mining and Processing Works it purchased 47 units of machines, including 24 special machines, and 17 cargo and passenger machines. Volnogorsk Works saw the largest machine park…
The United Mining and Chemical Company has transferred 332.6 million UAH of dividends for 2017 to the state budget, having set another record. According to the company statement, last year it paid 321.8 million UAH of dividends for 2016. “For the fourth year in a row our company remains a socially responsible taxpayer, annually increasing…