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2nd quarter “Donetskstal” ended with a loss

April-June the company Donetskstal metallurgical plant (Donetsk), in accordance with national accounting standards, ended with a loss 199,4 million.
This is stated in the message of the company.
In the 2nd quarter, the company reduced net income by 1.88%, or 72,322 million to 3 784,125 million compared with 2Q 2013.
January-June the plant finished with a loss of 1 775,06 million hryvnia, reducing net income by 9.31%, or 711,65 million to 6 933,94 million hryvnia compared to the same period last year.
As reported, Q1 Donetskstal ended with a loss of 1 575,66 million hryvnia, reducing net income of 16.87%, or 639,328 million to 3 149,815 million hryvnia compared with the 1st quarter of 2013.
2013 Donetskstal, according to preliminary data, finished with a net profit 79,005 million.

“Moscow of the pipe shell production plant” put up for auction

Moscow authorities put up for sale the stake of OJSC "Moscow of the pipe shell production plant" (MTZK) is to lower the price twice. About it reports a press-service of the Department of city competition policy.
"Moscow has put on sale a stake of OJSC "Moscow of the pipe shell production plant." The auction for the sale of 100 per cent stake in MTZK will be held on 28 October 2015 the Initial cost of the lot is 1.4 billion rubles, the investor has the opportunity to purchase a manufacturing enterprise at a reduced price. At the previous auction value of the lot was higher by almost 55% and amounted to 3 billion rubles", - stated in the material.
It is clarified that the assets of the company is 25 buildings with a total area of 107.6 thousand sq. m. Buildings located in the district of Western Degunino at the address: ul. Izhorskaya, VL.6. Real estate located on leased land plot with an area of 18.8 thousand square meters, the lease will expire in 2023 Also among the assets of the company railway siding is not for General use.
"Of 107,6 sq. m total area of immovable property of more than 19 thousand leased. In addition, a potential investor may be interested in the availability of leasable space – 1 million square meters of production and warehouse space and 500 sqm, administrative. The Agency offers nine units ranging in size from 74 to 1.05 thousand sq m." according to a press release.
According to the documentation, the future owner within five years from the date of conclusion of the contract must maintain the usage profile of non-residential premises under operating activities. The campaign will run until October 6, 2015
JSC "STC" founded in 1984, the Company is engaged in production of anticorrosive and insulating coating of pipes of various diameters, ventilation, sanitary, electrical products and billets, as well as the manufacture of pipe blanks and not standardized equipment.

Shares of Norilsk Nickel fell after news of increased taxation

Shares of "Norilsk Nickel" on Monday evening, September 28, hastened the fall on news of plans to increase taxes for the mining company.
On the Moscow stock exchange the shares of "Norilsk Nickel" to 18.40 GMT Monday fell by 1.85% to RUB 9388 low since the end of July. Until news of a possible increase in the severance tax paper of MMC together with the whole market has lost about 1.3%.
The Ministry of Finance proposes to change the collection met with multicomponent ores containing precious metals. The budget of the Russian "Norilsk Nickel" can receive from this measure in 2016 to about 12 billion rubles., said "Interfax" sources familiar with the debate on this issue.
"For Norilsk Nickel is considered met for multicomponent ores containing precious metals, which is about 12 billion rubles," – said the Agency interlocutor.
In April Deputy Minister of Finance Sergey Shatalov announced that the Ministry of Finance intends in 2015 to formulate changes in the collection of the severance tax in respect of mining of precious metals and polymetallic ores. "There is a desire this year to move a little in the very difficult task of transformation of the severance tax in respect of precious metals and polymetallic ores," he said. According to officials, currently, the taxpayer is entitled to pay this tax cost, which he says alone, even the possibility of control by tax authorities "not very significant".
September 22, Shatalov claimed that the Ministry of Finance proposes to increase the tax burden on non-ferrous metals.

The Cabinet of Ministers of Ukraine has expanded the list of waste and scrap metals, operations which are not subject to VAT

By order dated 11.01.2012 No. 9, the Cabinet has extended the List of waste and scrap of ferrous and nonferrous metals, transactions for the supply of which in particular the business of importing, temporarily, until 1 January 2014, be exempt from value added tax.
The List included 2 new names: the used (depleted) electric accumulators lead-acid, residues and scrap of electric accumulators with lead.
The decree will enter into force on 1 February 2012.
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