Last year, losses of metallurgic plant Azovstal increased more than 5 times

The metallurgic plant Azovstal (Mariupol, the Donetsk region), a part of Metinvest, made the net loss in the amount of 2 695.424 million hryvnias in 2012 (in 2011 it was 507.502 million hryvnias).

According to official announcement about the annual general meeting of shareholders on April 25, by the end of 2012 the enterprise’s undistributed profit made up 5 453.188 million hryvnias.