Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Mechel Earned a Profit Of More Than Seven Billion Roubles
14.05.2017 23:32
Mechel Earned a Profit Of More Than Seven Billion Roubles
(Source: http://steellab.com.ua/news/2014/december)

“Mechel” mining and metallurgical holding company earned a profit of more than seven billion roubles, following the results of last year. The revenues of the company in 2016 rose by 9 percent – up to 276 billion roubles. Last year the losses of the metallurgical holding company amounted to 115 billion roubles.

      The company was chronically unprofitable for the past five years, from 2011 onwards. The financial situation began to improve at the time of increasing world prices for steel and coal — the main products of the holding company. According to the General Director of “Mechel” Oleg Korzhov, the prices started to grow since the beginning of 2016, coal grew more expensive a little later, but by the summer the recovery of the market looked more “like a meteoric rise”.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Next Previous


You might also find interesting:

Sberbank Simplified the Procedure Of Issuing Cards
07.08.2017
Economic Ministry: Rouble Is Overestimated
31.03.2017
Deficit Of Federal Budget Will Amount to 1.33 Trillion Roubles
29.09.2017
Citrus Fruits From Turkey Are Back
03.11.2016
A New Lending Product For Developers Was Launched
23.02.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Monuments in Russia  Russian history  Contemporary Writers  André Steiner  computer games  Ministry of Finance  Mercedes-Benz Fashion Week Russia  Painting  Life Saving  Afghanistan  Anatoly Kucherena  Moscow  contemporary art  Russian Millionaires  Archeological Finds  ecology  Pal Zileri  Fairy-tales  Football  Ebola  Festivals in Moscow  Great Patriotic War  energy drinks  obituary  Russian Literature  Russian tourism  domestication of animals  Rock Music  Eduard Khil  Kolomenskoye  Moscow attractions  Alexander Sokurov  Cyril and Methodius   Tram  Barrows  Science  Exhibitions in Moscow  Electromobiles  Archeology  religion  AvtoVAZ   firefighting  Yevgeny Vakhtangov Theatre  Russian business  terrorism  Parliament in Action  Russian Cinema  Russian science  expedition  Rybinsk pie 


Travel Blogs
Top Traveling Sites