Vice Prime Minister - Minister for Strategic Industries in the Cabinet of Ministers of Ukraine Oleg Urusky, during a working trip to Zaporozhye, visited metallurgical enterprises of state ownership - Zaporozhye Titanium and Magnesium Combine (ZTMK) and Zaporozhye Aluminum Industrial Combine JSC (ZALK).
He noted that the titanium industry is strategic for Ukraine and a new impetus to the development of the industry can be provided by the creation of a closed production cycle, which the government is now actively working on. ZTMK plays a leading role in this area, as it is the only sponge titanium producer in Ukraine and Europe.
Urusky also learned about the problems of the once powerful aluminum metallurgical plant, which at one time produced up to 100 thousand tons of aluminum per year.
“After the privatization by the Russian company RUSAL during 2008-2011, production was completely stopped, and the technological equipment was destroyed. In 2015, the dilapidated enterprise was returned to the state. Now at ZaLK JSC there is only an aluminum wire rod workshop - it meets all international standards. Opportunities for attracting investors and ensuring stable supplies of raw materials were discussed with the head of the plant, ”Urusky said.
As a result of visiting the enterprises, the head of the Ministry of Strategic Industry discussed with the head of the Zaporozhye Regional State Administration Oleksandr Starukh the conditions for the arrival of investors in the region and the creation of technoparks on the basis of bankrupt industrial facilities.