Ukraine: ZALK losses up in January-September 2015
In January-September Zaporozhye Aluminum Works received 1336.89 million UAH of net losses, up by 11.7% YoY (1197.07 million UAH).
In January-September Zaporozhye Aluminum Works received 1336.89 million UAH of net losses, up by 11.7% YoY (1197.07 million UAH).
The State Enterprise United Mining and Chemical Company, operating Volnogorsk Mining and Metallurgical Complex (VGMK) and Irshansk Mining and Processing Works (IGOK), has won a tender to supply ilmenite concentrate to Zaporozhye Titanium and Magnesium Works (ZTMK).
The State Property Fund is finishing its inventory supervising of the only Ukrainian primary aluminum manufacturer Zaporozhye Aluminum Works (ZALK) to determine the prospects of resuming production process.
The State Property Fund of Ukraine has announced a contest for a vacancy of the Zaporozhye Aluminum Works CEO.
The State Safety Service of Ukraine has started the procedure about the illegal disassembly of the Zaporozhye Aluminum Works (ZALK) machinery.
The share of the Russia-based Rusal in Zaporozhye Aluminum Works (ZALK) decreased from 97.547% to 29.5363%, while that of State Property Fund increased from 0% to 68.0095%.
Judson Trading (Cyprus) asked Commercial court of the Zaporozhye region to recover $39.15 million from the only Ukrainian primary aluminum manufacturer Zaporozhye Aluminum Works (ZALK).
Rusal president Oleg Deripaska said he hoped for the political decision in matters with Western sanctions and situation in Ukraine.