In 2018 Zaporozhye Iron Ore Complex increased iron ore output by 1.2% YoY, to 4.5 million tons. In December 2018 the company manufactured 380 thousand tons of ore. Annual plan was fully met. The same results were reached in 2017. (Ukrainian metal)
From October 1 Zaporozhye Iron Ore Complex has increased wages by 15%. According to the supervisory board the decision has been taken to improve the life level and the motivation of the employees. ZZhRK is developing the Yuzhno-Belozerskoye and Pereverzevskoye iron ore deposits. (Ukrainian metal)
As a result of a sudden fall of the rock an employee was hit at the Ekspluatatsionnaya mine of the Zaporozhye Iron Ore Complex. Despite medical aid, the miner died of the injuries. A special commission has been created at the enterprise to investigate the accident. Minerfin (Slovakia) owns 51.17% of ZZhRK, Zaporizhstal – 29.5%…
In January-June Zaporozhye Iron Ore Complex increased iron ore output by 7.2% YoY, to 1.769 thousand tons with the target of 1.833 million tons. The company sold 1.872 million tons of iron ore, or 97.1% of the target. In May 352.1 thousand tons were mined, up by 3% from the target. This year the works…
In 2017 Zaporozhye Iron Ore Complex increased net profit 2.9-fold YoY, to 1.286 billion UAH. According to the company statement, its EBITDA grew 3-fold, to 1.586 billion UAH. Net income increased by 45%, to 3.949 billion UAH. Undistributed profit totaled 3.521 billion UAH. Last year the company produced 4.503 million tons of iron ore, down…
In January-February Zaporozhye Iron Ore Complex produced 697 thousand tons of iron ore, up by 37.2% YoY. According to a company representative, in February it mined 330 thousand tons of ore. The plan for this year is 4.55 million tons of ore with the iron contents of 60.85%. In 2017 iron ore output remained almost…
Fire appeared in a mine of Zaporozhye Iron Ore Complex in the village of Malaya Belozerka, when some 80 miners were working at the depth of over half a kilometer. 6 miners received damages because of the fire, with the burnings of one of them being severe. According to the medics, the condition of 5…
Shareholders of Zaporozhye Iron Ore Complex decided to pay 850 million UAH of dividends. According to the company statement, the dividends will be paid from March 20 till July 27. The dividends will be paid for 2014. In 2016 the company increased net profit by 87.19% YoY, to 434.449 million UAH. (Ukrainian metal)