Akhmetov’s Metinvest for the first time finished the year with a loss

Метинвест Ахметова впервые закончил год с убытком

Last year the company ended with a loss of a billion dollars.

The parent company of international mining and metallurgical group Metinvest, which is owned by businessman Rinat Akhmetov, for the first time in its history, ended the year with a loss.

This is evidenced by its audited consolidated financial results for last year, published on the website of Metinvest.

By the end of 2015, the loss amounted to one billion dollars, while in 2014, the company received a profit at the level of 159 million dollars.

As reported Корреспондент.netin 2015 the losses of Akhmetov’s DTEK energy holding company amounted to almost 1.5 billion dollars (37.4 billion hryvnia). A year earlier the company lost about 20 billion hryvnia.