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Metallurgical plants in the temporarily occupied territory of Donbass appointed a new manager

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Russian entrepreneur Yevgeny Yurchenko will deal with the problems with the payment of wages at metallurgical enterprises operating in the territory of Donbass not controlled by Kiev.

Metallurgical plants in the temporarily occupied territory of Donbass appointed a new manager

Metallurgical assets on the territory of Donetsk and Lugansk regions of Ukraine not controlled by Kiev are taken from Sergey Kurchenko and transferred to the management of Russian businessman Yevgeny Yurchenko, who in 2009-2010 headed Svyazinvest. reports Kommersant.

The transferred plants have been controlled by Sergei Kurchenko since 2017, but as a result, the enterprises have wage arrears, which the new investor will have to pay off. In total, external management was introduced at 43 metallurgical enterprises that were owned by Ukrainian companies before the conflict in Donbass.

Evgeny Yurchenko has undertaken to pay wage arrears, and the first tranche in the amount of arrears for the last month will be paid by the end of this week.

The problems of metallurgical enterprises in the temporarily occupied part of Donbass are indirectly indicated by the reduction in the supply of pig iron through Russian ports to Turkey in a high market environment.

In 2020, exports decreased by one and a half times, to 287 thousand tons, although over the past year, pig iron has risen in price from $ 350 to $ 550 per ton (FOB Black Sea). This may be due to underfunding of current repairs and non-payment of salaries to staff.

Evgeny Yurchenko is a Russian businessman, former Acting Deputy Governor of the Voronezh Region (2018). Born May 14, 1968 in Voronezh. Former CEO of the Russian state-owned company Svyazinvest (2009-2010), President of the Financial Assets Management Company (2011-2016), since 2016 - Member of the Board of Directors of PJSC United Aircraft Corporation. In 2020, he headed the All-Russian Athletics Federation (ARAF), but resigned four and a half months later.

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