The biggest problem the company faces is a lack of qualified specialists, both engineers and technical professions working.
In Krivoy Rog in northern mining and plant processing (GOK), the construction of a modern hydraulic condensation facility of enrichment waste is actively conducted. A loan for modernization of 23.6 million euros was provided by the German Deutsche Bank, the Metinvest service on Wednesday, August 6, report.
It is indicated that Metinvest designed this high project in March 2021 and immediately began to implement. It is planned to be placed in operation for three years. But the beginning of an entire war was forced to suspend construction.
“We were able to perform a certain amount of work before the forced stop. We conducted a design, developed engineering, decided on the construction site, bought part of the equipment and started preparing. It was for this time that the start of active hate,” said Vladimir Sidorov, head of Metinvest Sichstal.
The press service said that in July 2024 the company decided to continue construction work. At the site, technology and people are recaptured, the excavation work continues to lay and alignment of imported soil. Then this is the turn of the construction phase of condensation. Now, despite the dangers of war, builders work on installing a pile base and grillage, which will ensure the stability and reliability of the hydraulic facility structures.
“The biggest challenge we encounter today is a lack of qualified specialists, both engineers and working technical specialties. This problem is relevant for both metinvest and contracting organizations with which we are working together, as a significant part of professionals today is doing a job that is not a peaceful construction, but in front of the air. Safety people on stage, for the safety of people even in the stages of the people.
Completion of work is predicted by the end of 2027. Metinvest’s note that it will open up new prospects for the work of Northern Gok: the business can reduce the cost of transportation, and, accordingly, reduce the cost of concentrate and pellets and increase profitability.
Keep in mind that in July, the Metinvest attracted a loan of 24 million euros from Deutsche Bank. Northern Gok is modern in this money, in particular, the equipment will be purchased from the Finnish industry manufacturer of Metso Finland for a process for enabling enrichment waste. The new complex will reduce costs and reduce environmental loading – by reducing energy and water consumption.
As you know, Metinvest is one of the largest investors in the Ukrainian economy: from February 24, 2022, investments have been conducted worth more than 28 billion hryvnias.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.