Millennium Capital Comments on SHCHZ Accident
OREANDA-NEWS. June 15,
Millennium Capital: undoubtedly, this is bad news. Most of the Ukrainian coal producers are in a hazardous state technically, not to mention their dire financial situation. In spite of the government capital investments in the coal industry growing year-to-year, most of the coal producers are loss making. Please note that the government plans to liquidate the regulator, Coal of Ukraine, and shut down the loss-making enterprises, but these objectives may be quite hard to reach.
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