Annual loss of Makeyevo metallurgical plant n.a Akhmetov reduces 4.4 times

In 2012,the Makeyevo metallurgical plant (Metinvest, the Donetsk Region) obtained the net loss at the amount of 101.244 million hryvni, the enterprise reports.

At the end of 2012 the value of the enterprise’s assets made up 4,591.481 million hryvni, the accounts receivable – 1,992.904 million hryvni and current liabilities – 3,630.785 million hryvni.

In 2011 the net loss of the plant made up 439.588 million hryvni and the net proceeds reduced by 58.54% (3,162.86 million hryvni) to 2.239.756 million hryvni.

In April 2011 Metinvest Group united the production facilities of Yenakievo metallurgical plant and Makeyevo metallurgical plant.

The Makeyevo metallurgical plant PJSC was founded in 2004 in the framework of reorganization of Makeyevo metallurgical complex Plc.

Source: http://rosinvest.com/novosti/1020874

Translated by Alexandra Utyasheva