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11.03.2010 UGMK (Yekaterinburg) to maintain 2008 level of net profit in 2009


Urals Mining and Metallurgy Company (UGMK) plans to reach 2008 performance level in 2009 profit, Alexandr Misharin (Sverdlovsk Region, governor) reports to Vladimir Putin (Russia, PM). In 2008, 1.97 bn roubles were profited by UGMK.

UGMK is a versatile holding embracing assets of 40+ enterprises situated throughout Russia and covering 25 per cent of domestic market of rolled non-ferrous metals, 50+ per cent of European copper powder market, 60 to 70 per cent of Russian coal export to Western and Central Europe.


Source:   metcoal.ru