"Metinvest" reduces its sales in Russia by more than half.
Edited by Rhod Mackenzie / 2015-06-05 08:04:07
Metinvest B.V. (the Netherlands), the parent company of the mining and metallurgical monopoly of Rinat Akhmetov "Metinvest", in January-March 2015 according to the results of work reduced its sales in Russia by 57% compared to the same period in 2014 - up to $ 69 million from $ 161 million, Interfax-Ukraine writes.
According to released unaudited consolidated results of the company's financial statements in accordance with IFRS on Thursday on the Irish Stock Exchange, in Q1 2015 the deliveries of production in the CIS countries (except the Ukraine) decreased by 46% to $ 110 million.
