Irshansk Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Author: Vitaliy Koval, Chairman of the State Property Fund of Ukraine

The state wants to take away Naftogaz’s right to decide on its subsidiaries’ dividends. The draft law on the 2024 state budget (Draft Law No. 10000) proposes that entities in which 50 percent or more of shares are owned by Naftogaz must pay their 2023 dividends directly to the state budget. Naftogaz is carved out individually in this draft law, which is considered to be a poor practice.

The State Property Fund (SPF) of Ukraine points out the impossibility of supplying titanium ore to the aggressor country by JSC United Mining and Chemical Company (UMCC), under whose management the Vilnohirsk Mining and Metallurgical Combine (Dnipropetrovsk Region) and the Irshansk Mining and Processing Plant (Zhytomyr region) were transferred, due to strict verification of contracts at different levels.

The State Property Fund of Ukraine (SPF) denies deliveries by PrJSC United Mining and Chemical Company, under whose management Vilnohirsk Mining and Metallurgical Combine (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region) were transferred, of titanium ore to the aggressor country.

The State Property Fund (SPF) has dismissed Vladyslav Itkin, acting Board Chairman of PrJSC United Mining and Chemical Company (UMCC), which controls Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region).