Northern GOK Invests UAH 1,4 bn in Modernization
OREANDA-NEWS. July 24, 2013. "Northern Iron Ore Enrichment Works (Northern GOK) has produced 7 million 472 thousand tonnes of iron ore concentrate for six months of this year. There is a growing of mining of crude ore, 16 million 441 thousand tonnes produced in open pit of the Works in the first half of 2013," Vice Prime Minister Olexandr Vilkul said during the marking of the Day of workers of metallurgical and mining industry of Ukraine at JSC Northern Iron Ore Enrichment Works.
"The amount of investments this year is UAH 1.4 billion. These funds provide an opportunity to implement innovative projects, in particular, due to the scheduled upgrade and major overhauls productivity was increased and energy consumption was reduced," vice Prime Minister said.
Olexandr Vilkul emphasized that modernization of production is primarily minimizing harmful effects on the environment.
"Northern Iron Ore Enrichment Works is an active member of the Regional Program for improving Environmental of Kryvorizkyi Iron Ore Basin for 2011-2022 years," he added.
Olexandr Vilkul said that thanks to the growth of production at the Northern GOK opportunities to improve social standards and comfort of employees are created.
Within the framework of the Agreement on social partnership the company participates in the project of Kryvyi Rih development, "The city without suburbs", initiated by Olexandr Vilkul in 2004.
This year, thanks to the Works will be held improvement of streets and recreation development of areas and parks, employees of the company annually receive health improvement and rest at Azov and Black Seas.
During the celebrations Olexandr Vilkul presented the honorary title "Honored Worker of Industry of Ukraine" medals "For Labour and Victory" and thanks of the Prime Minister of Ukraine.
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