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Competing for workers with Eastern Europe, ArcelorMittal Kryvyi Rih,

Tuesday, March 19, 2019
Competing for workers with Eastern Europe, ArcelorMittal Kryvyi Rih,

Competing for workers with Eastern Europe, ArcelorMittal Kryvyi Rih, Ukraine’s largest integrated steel company, plans to increase employee salaries by 15-20% on May 1, according to Vmesh-Profinfo, the trade union news site. This increase follows a 44% increase last year, to an average monthly wage of $600. Personnel director Julia Chermazovich told trade union leaders last week that $11 million in ‘13th salaries’ would be paid by Friday. The increases come despite a 22% drop last year in the company’s steel production.

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Monday, March 18
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Welcoming the flight, President Poroshenko said:

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Wednesday, March 20
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The EBRD is committed to loaning nearly half a billion dollars over the next three years to dramatically upgrade mass transit in Kyiv.

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