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Artemivsk Non-Ferrous Metal Processing Plant Posts USD 0.89 Mn Net Income In 2004

Artemivsk Non-Ferrous Metal Processing Plant Posts USD 0.89 Mn Net Income In 2004

7 June 2008

The company’s sales grew 64.7% last year to USD 120.0 mn. The company lost USD 2.4 mn in 2003. Concorde Capital: The plant specializes in copper, brass and bronze rolling and non-ferrous alloy production. It is Ukraine’s only processor of non-ferrous metal scrap. Over 95% of the plant’s shares are estimated to belong to the Ukrpidshypnyk Group, a company associated with former Prime Minister Viktor Yanukovych’s supporter Andrei Kluyev.

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