Russia: UGMK increases purchases from UMZ
Uralmashzavod will supply the sixth EKG-18 excavator to Kuzbassrazrezugol, a part of UGMK. Since the beginning of the year the company has already received 3 excavators. Assembly of the two of them has...
View ArticleRussia: UGMK-OTsM opens regional warehouse in Pokrov
UGMK-OTsM has opened a new regional warehouse in the town of Pokrov in the Vladimir region. The company takes into account the needs of its clients and constantly develops to organize a mutually...
View ArticleRussia: UGMK-OTsM testing antimicrobial copper
Since 2017 Revda Non-Ferrous Metals Processing Works and Kirov Non-Ferrous Metals Processing Works have been producing rolled metal of antimicrobial copper and copper alloys under the Cu+ mark. Harmful...
View ArticleUkraine: UGMK switches to losses in 2018
In 2018 Ukrainian Mining and Metallurgical Company received 118.19 million UAH of net loss, as opposed to the net profit of 149.26 million UAH in 2017. The uncovered losses as of the end of last year...
View ArticleRussia: UGMK to invest 50 billion rubles in Podolskoye copper-zinc deposit
The acting governor of Bashkortostan Radiy Khabirov and the CEO of UGMK-Holding LLC Andrey Kozitsyn have signed an agreement of intent to carry out an investment project to construct a mine with...
View ArticleRussia: UGMK-OTsM share of non-ferrous rolled metal market up in H1 2019
The share of UGMK-OTsM on the Russian market of non-ferrous metal has increased from 35% to 44%. This is the result of the first half-year. In particular, Kirov Non-Ferrous Metals Processing Works...
View ArticleUkraine: UGMK profits in 2014
In 2014 Ukrainian mining-metallurgical company (UGMK, Kiev) received 70.98 million UAH of profit. According to the company statement, its assets at the end of 2014 reached 1.43 billion UAH, with...
View ArticleUkraine: UGMK profits in 2014 reach 52 million UAH
In 2014 Ukrainian Mining and Metallurgical Company (UGMK, Kiev) received 52.09 million UAH of profits. According to the company statement, its assets at the end of 2014 totaled 1.43 billion UAH, with...
View ArticleUkraine: UGMK opens a metal mall in Kiev
A new UGMK metal supermarket with indoor warehouse was opened in Kiev in 7 Borispolskaya Str. near the Darnitsa railway station. This has become the third trading site for UGMK in Kiev. In 2014...
View ArticleUkraine: UGMK elects new CEO
Shareholders of the Ukrainian Mining and Metallurgical Company (UGMK, Kiev) have dismissed Mladen Peikovich from the office of the general manager and appointed Valentin Sobchuk instead. According to...
View ArticleUkraine: why UGMK changed CEO
In mid December Ukrainian Mining And Metallurgical Company, one of the largest metal traders in Ukraine, dismissed Mladen Peikovich from the office of the CEO and appointed Valentin Sobchuk for a year...
View ArticleUkraine: UGMK foresees metal consumption growth in 2016
In 2016 metal consumption will grow, says Ukrainian Mining and Metallurgical Company CEO Valentin Sobchuk. “I believe the increase will be the result of the military and defense orders”, he said....
View ArticleUkraine: UGMK lost 6 warehouses in Crimea and Donbass
Ukrainian Mining and Metallurgical Company stated it lost 6 warehouses in Donetsk and Lugansk regions as well as Russia-annexed Crimea in 2014-2015. “UGMK has lost trading sites in Donbass and Crimea –...
View ArticleUkraine: UGMK opens up another metal supermarket in Kharkiv
Ukrainian Mining and Metallurgical Company has opened another metal supermarket in Kharkiv. This is the second site in the region. The first was opened in Solonitsevka. UGMK was founded in 1998 and...
View ArticleUkraine: UGMK ends 2015 with profits
In 2015 Ukrainian Mining and Metallurgical Company received 58.5 million UAH of net profits. According to the company statement, its assets at the end of 2015 totaled 1.42 billion UAH, with current...
View ArticleUkraine: UGMK refreshes revision committee
Shareholders of Ukrainian Mining and Metallurgical Company have decided to extend the office of a revision committee member and change another, as well as to buy 5% of shares. The office of Anatoly...
View ArticleUkraine: metal sales up in January-February 2016
In January-February metal sales on the local market went up by 27% YoY, to 0.54 million tons. Together with pipes the volume is 0.59 million tons. According to the Ukrainian Mining and Metallurgical...
View ArticleUkraine: UGMK opens another metal supermarket in Dnieper
Ukrainian Mining and Metallurgical Company has opened a metal supermarket in Dnieper (previous name – Dniepropetrovsk). “In order to increase the regional network UGMK has opened another metal...
View ArticleUkraine: UGMK opens metal shopping mall in Brovary
Ukrainian Mining and Metallurgical Company has opened a new metal supermarket in Brovary, Kiev region, increasing its sites number to 26. The decision to open the store has to do with the necessity to...
View ArticleRussia: UGMK to invest 2.2 billion rubles into Gaysky GOK mine
In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works. According to the company statement, this will increase mining capacities to 7 million...
View ArticleUkraine: UGMK reelects CEO
Shareholders of the Ukrainian Mining and Metallurgical Company has reelected Valentin Sobchuk the general director. According to the company statement, Sobchuk has been appointed till December 31,...
View ArticleUkraine: UGMK gets losses in 2016
In 2016 Ukrainian Mining and Metallurgical Company, one of the largest metal-selling companies of Ukraine, received 66.8 million UAH of net losses, as opposed to 51.17 million UAH of net profits in...
View ArticleRussia: UGMK to develop largest tungsten-iron-copper deposit in Urals
Svyatogor, a part of UGMK, has asked the government to put up for an auction a site of the Volkovskoye deposit of tungsten-iron-copper ores, the largest in the Urals. Copper reserves are estimated at...
View ArticleRussia: UGMK borrows 200 million euros
Urals Mining and Metallurgical Company has attracted a syndicated loan of 200 million euros. 9 banks provided the funds. The loan is provided for 4 years. There is an option to increase the volume to...
View ArticleRussia: UGMK to borrow 24 billion rubles for Korbalikhinskoye deposit
Sberbank, VEB and UGMK have signed base indicative conditions to finance the project to develop the Korbalikhinskoye polymetal deposit in Altai region and reconstruct the Rubtsovskaya processing...
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