Ukraine: KhTZ and EMZ supervisory boards appoint new acting CEO

Supervisory boards of Khartsyzsk Pipe Works and Yenakievo Iron and Steel Works have replaced the acting CEO Kirill Avramenko with the chief accountant Tatiana Zaytseva. According to the companies’ information, the matter was discussed on October 4. Zaytseva has been appointed the acting CEO of KhTZ and EMZ since October 5 for an indefinite term.…

Ukraine: DPR sends 5 thousand EMZ employees into forced vacation

Terrorists from the occupies territories of Donetsk region, the so-called Donetsk People’s Republic, created and supported by Russia, have sent all the employees of Yenakievo Iron and Steel Works into a forced 2-months vacation. According to the press service of the Chief Intelligence Service, the situation at the terrorists-occupied lands is worsening. In particular, manufacturing…

Ukraine: to resume operation at EMZ separatists need $10 million a day

The resumption of the Yenakievo Iron and Steel Works and its Makeevka subsidiary operation is estimated at 584 million rubles a day, according to the so-called ministry of industry of the Donetsk People’s Republic, the terrorist organization, supported by Russia, on the occupied territories of Ukraine. Earlier the chief of the organization Alexander Zakharchenko said…

Ukraine: Donbass metal works taken by militants shutting down

The situation at the metal works, taken by the DPR-LPR militants from their rightful owners, has become almost critical in just 1 week. Despite the local authorities’ forecasts, which promised to quickly reorient production to Russian and provide up to 70% of the budget revenues from these companies, most of them start to shut down.…