Ukraine: EMZ reelects CEO
The supervisory board of Yenakievo Iron and Steel Works has reelected Alexander Podkorytov the general director of the company.
The supervisory board of Yenakievo Iron and Steel Works has reelected Alexander Podkorytov the general director of the company.
In 2015 Yenakievo Iron and Steel Works received 162.71 million UAH of net profits.
In 2015 Yenakievo Iron and Steel Works increased its net losses by 39.4% YoY, to 544.54 million UAH.
For the first time since 2009 the Ukrainian Stock Exchange committee has reduced its index basket to 7 securities.
In January-February Yenakievo Iron and Steel Works produced 333 thousand tons of rolled metal, up by 71.6% YoY.
In January-November Yenakievo Iron and Steel Works, situated in the Russia-supported terrorist-occupied zone, produced 1.64 million tons of rolled metal, down by 10.5% YoY.
Shareholders of the Makeevka Subsidiary of Yenakievo Iron and Steel Works, Komsomolskoye Mine Group and Donetskkoks (all from Donetsk region) plan to decide on the companies’ location at their meeting on December 17.
In January-September Yenakievo Iron and Steel Works received 578.5 million UAH of net losses as opposed to 1.24 billion UAH of losses in the three quarters of 2014.