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Alex Andreev
Guest
Alex Andreev

Patrick, the initial owner of the plant claims he lost control over the plant in 2014 as it is located in the uncontrolled area of Ukraine. So, I doubt the plant will be able to resume output at all considering the huge damages of the equipment due to the fights with terrorists in 2014, and I also doubt Privat (and consequently, Felman) will have any extente to the plant’s activity, if any.

Dmitriy Nadtochiy
Guest
Dmitriy Nadtochiy

Hi Patrick,
I have also information that 1 furnace at Stakhanov will start in Apr’18. Former shareholders will not be involved in production and marketing but maybe involved in profit sharing.
But I wonder why do you think Ukraine government wants plants to restart in the disputed areas?