In 2016 Zaporozhye Iron Ore Complex produced 4512.2 thousand tons of ore, down by 4.03% YoY, or by 189.3 thousand tons. According to the company statement, in 2016 it shipped 4494.5 thousand tons of iron ore raw materials. Investment project in 2017 will reach 800 million UAH. In 2015 ZZhRK received 232.085 million UAH of…
According to the International economic rating “Best of the Best” Zaporozhye Iron Ore Complex was named “Company of 2016”. The new status has been confirmed by Standard Chartered Rating GmbH (Germany), International Rating Association (Hong Kong) and Summit International Awards (Ukraine). “This prize is the high evaluation of both the company reputation on the whole,…
Shareholders of Zaporozhye Iron Ore Complex have decided to spend all the company net profits for 2015 on development. In 2015 ZZhRK net profits fell 4.9 times YoY, to 232.08 million UAH from 1129.12 million UAH. (Ukrainian metal)
Shareholders of Zaporozhye Iron Ore Complex have renewed its supervisory board, having dismissed three out of four members and replacing legal entities with individuals. According to the company statement, Minerfin A.S., owning 51.1698% of the company shares (Slovakia), KSK Consulting A. S. (19.0632%, Czech Republic) and the former Zaporizhstal commercial director Vladimir Bayda have left…
In January-June Zaporozhye Iron Ore Complex invested 174.41 million UAH into its development. According to the company statement, the money was mostly spent on the construction of manufacturing capacities. 622 thousand UAH were spent on repairs. The average salary increased by 14.8% YoY, to 8823 UAH. (Ukrainian metal)
In January-May Zaporozhye Iron Ore Complex mined 1.8 million tons of iron ore, down by 2.7% YoY. According to the company statement, in May it mined 0.37 million tons of ore. Last year iron ore output dropped by 2% YoY, to 4.4 million tons. (Ukrainian metal)
The State Geology Service has allowed the Zaporozhye Iron Ore Complex to use the Pereverzevskoye deposits.
In January-November Zaporozhye Iron Ore Complex (Dneprorudnoye, Zaporozhye region) produced 4.1 million tons of iron ore, down by 2.4% YoY.