One troy ounce=31.10 grams
Ukrainian metallurgical enterprises in February 2019 increased steel production by 5% compared to the same period in 2018, to 1.689 million tonnes, staying on 13th place in the ranking of 64 countries, the major global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
A decrease in steel production in most of the top ten countries, except for China, India, the United States and South Korea was recorded in February.
The top ten producer countries in February are as follows: China (70.988 million tonnes, an increase of 9.2%), India (8.738 million tonnes, a rise of 2.3%), Japan (7.743 million tonnes, a drop of 6.6%), the United States (6.896 million tonnes, an increase of 4.6%), South Korea (5.471 million tonnes, a rise of 1.1%), the Russian Federation (5.23 million tonnes, a fall of 4.4%), Germany (3.12 million tonnes, a decrease of 9.4%), Brazil (2.662 million tonnes, a fall of 1.7%), Turkey (2.635 million tonnes, a drop of 12.5%), and Italy (2.046 million tonnes, a fall of 2.7%).
They are followed by Iran (2.015 million tonnes, an increase of 21.7%), Taiwan (1.815 million tonnes, a rise of 22.5%), and Ukraine (1.689 million tonnes, a rise of 5%).
The net profit of private joint-stock company AVK confectionary factory (Dnipro), the large confectionary producer in Ukraine, fell to UAH 42,000 in 2018 from UAH 330,000 in 2017.
According to a company’s announcement in the information disclosure system of the National Commission for Securities and the Stock Market on holding the general meeting of shareholders on April 26, its assets last year fell by 1.2%, to UAH 565.72 million.
The retained earnings grew by 6.1%, to UAH 110.97 million.
Current liabilities fell by 2.3%, to UAH 311.38 million, and total receivables decreased 6.25, to UAH 307.34 million.
The company plans to send its net profit for 2018 to replenish working capital to cover losses for the previous periods.
AVK group of companies was founded in 1991. Now it produces goods at a confectionery factory in Dnipro. It also owned factories in Donetsk and Luhansk, control over which was lost.
Private joint-stock company Philip Morris Ukraine, a large tobacco company in Ukraine, saw a 3.4-fold rise in net profit in 2018 compared with 2017, to UAH 2.147 billion.
According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market on holding the general meeting of shareholders on April 26, its assets last year grew by 5.7%, to UAH 10.51 billion.
The retained earnings soared eightfold, to UAH 2.374 billion. Total receivables grew by 10.4%, to UAH 7.475 billion.
The company plans to leave profit for 2018 in the company until the shareholders made a decision to pay dividends.
As reported, Philip Morris International Inc. cut shipments of cigarettes in Ukraine by 8.8% in 2018.
Philip Morris International is one of the world’s largest manufacturers of tobacco products. It produces cigarettes in more than 50 factories, sells them in 180 countries.
In Ukraine, it has been working for more than 20 years. Its production facilities are based in Kharkiv region.
Baltic Beverages Invest Aktiebolag (Sweden) has announced plans to use the right to squeeze out shares from minority shareholders in one of the largest breweries in Ukraine – private joint-stock company Carlsberg Ukraine (Zaporizhia).
According to the report on March 26, 2019, Baltic Beverages Invest is the direct holder of the dominating stake in Carlsberg Ukraine in the amount of 1.01 billion with the face value of UAH 1 each, which is 98.77% of the total number of shares in the company.
Carlsberg Ukraine is to approve the market value of shares no later than 25 working days from the moment of receiving the announcement and inform Baltic Beverages Invest about it.
Carlsberg Ukraine is part of Carlsberg Group/
The group in Ukraine has three breweries in Zaporizhia, Kyiv and Lviv.
ANNOUNCES, BALTIC BEVERAGES INVEST, CARLSBERG UKRAINE, SHARES, SQUEEZE-OUT
