The Kiev Commercial Court of Appeals has refused to review the lawsuit on the return of the Zaporozhye Aluminum Works to the state ownership. The court has left without satisfaction the claim of Velbay Holdings Limited (Cyprus) to review the decision of the Kiev Commercial Court of March 22, 2012, due to the new conditions.…
The supervisory board of Zaporozhye Aluminum Works has appointed the State Property Fund of Ukraine directorate head Svetlana Bezverkhaya its chairman. SPF department director Irina Lepyavko has been appointed deputy chairman, while the SPF chief specialist Natalia Pavlyuk – secretary of the board. All of them have been appointed for 2 years and 9 months.…
The sole primary aluminum producer in Ukraine – Zaporozhye Aluminum Works – plans to renew manufacture of aluminum wire rod in August. “The works is taking all the necessary actions to start producing aluminum wire rod”, said the company in its statement. During its halt the company has lost its leading positions on the European…
The Interdepartmental working group for coordination of commercial activities at Zaporozhye Aluminum Works believes it is necessary to have a reprivatization of 68.01% shares of the company, that have been earlier returned to the state ownership. “The group will address the Ministry of finances and the Ministry of economical development and trade to consider the…
Shareholders of Zaporozhye Aluminum Works have dismissed Anna Matis from the office of the supervisory board chairman and appointed Natalia Pavlyuk, a representative of the State Property Fund, instead. According to the company statement, Alexei Arnautov and Jana Tikhonova, as well as the State Property Fund representatives Natalia Kharina, Irina Lepyavko, Anastasia Mankovskaya and Svetlana…
Zaporozhye Aluminum Works is to stabilize the financial and economic situation at the enterprise in 2016 and keep away from wage arrears.
In January-March the only Ukrainian primary aluminum producer Zaporozhye Aluminum Works received 577.18 million UAH of losses.
In 2015 Ukraine’s only primary aluminum producer – Zaporozhye Aluminum Works received 2043.75 million UAH of losses.
