Ukraine’s only ferronickel plant has suspended work due to the energy crisis.

Thursday, November 3, 2022
Ukraine’s only ferronickel plant has suspended work due to the energy crisis.

Due to a missile attack and damage to the power grid, the Pobuzhsky Ferronickel Plant was forced to stop production. The enterprise cannot restore its furnace to operation, according to a statement from the company. It is noted that on October 22, the Russian military launched three missile strikes at the energy facility that supplied power to the plant and several settlements in the Kirovohrad and Mykolaiv regions. As a result of the power outage, the metallurgical production process and water intake at the enterprise were both stopped. The plant has suffered significant economic losses, and production was forced to stop until the state substation was restored and the necessary repairs to the main equipment were carried out. Due to the impossibility of conducting the production process, the company is forced to suspend its primary production activity.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
The NBU has spent more than $20B to support the hryvnia.

The NBU has spent more than $20B to support the hryvnia.

Next post
The European Commission believes that agricultural exports from Ukraine should rely on overland routes.

The European Commission believes that agricultural exports from Ukraine should rely on overland routes.

Previous Main Topics