OREANDA-NEWS. September 21, 2009. Alchevsk Steelworks < ALMK UZ U/R > plans to cover 1H2009 losses (UAH 2bn) till the end of the year. This statement was made by Mr. Shevchenko, CEO of the Company. The Company resumed pre-crisis volume of production and this exactly is the base for this optimistic statement. But the situation on the market remains unstable.

Millennium Capital sees this news as POSITIVE for the company as the other one – about resuming of investment program on the plant. Both of them show that the Company comes back to the life.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.