Business news from Ukraine

ARTYOMSOL CUTS SALT PRODUCTION BY 43.8%

7 December , 2020  

The state enterprise Artyomsol (Donetsk region) in January-November 2020 produced more than 1.03 million tonnes of salt, which is 43.8% less than in the same period last year, the company has told Interfax-Ukraine.
According to a statement on the website of the state-owned enterprise, in November 2020 Artyomsol produced 132,900 tonnes of salt, the highest figure in the 11 months of this year.
“Now we are in a difficult situation, a number of problems have been accumulating at the enterprise for years. In addition to external factors, Artyomsol was burdened with unfavorable and dubious contracts. We are reviewing our contractual relations and applying the principle of openness. A contract campaign has been announced on our website, everyone can apply for the intention to cooperate. Unfortunately, not all partners with whom we have completed cooperation on contracts agree with this decision,” head of the enterprise Viktoria Lutsenko said.
She also pointed out that the enterprise is developing a comprehensive anti-crisis program, which includes increasing the profitability of the enterprise, modernizing production, raising workers’ wages.
Artyomsol is one of the largest enterprises for the extraction and sale of sodium chloride (NaCl) in Central and Eastern Europe. The production facilities of Artyomsol are located in Soledar, Donetsk region. The company exports its products to 15 countries of the world.

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