KYIV. Jan 12 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has approved the financial plan for 2016 for public joint-stock company United Mining-Chemical Company managing Vilnohirsk state mining and metallurgical plant (Dnipropetrovsk region) and Irshansk state mining and processing plant (Zhytomyr region).
The plan is approved by government resolution No. 1053-r dated December 28, 2016.
The published documents do not contain financial indicators for 2016.
A well-informed source told Interfax-Ukraine that net revenue for 2016 was projected at UAH 2.248 billion, spending at UAH 1.781 billion, net profit – UAH 483.66 million and payments of all taxes and duties to the national budget – UAH 577.125 million.
United Mining and Chemical Company started operating in August 2014 when the Ukrainian government decided to transfer Vilnohirsk state mining and metallurgical plant and Irshansk state mining and processing plant to its management.
