UKRAINE ALUMINIUM
July 1st, 2003
BY MARK ROWEUKRAINSKY Aluminium, owner of the Ukraine's only aluminium plant has vigorously rejected government accusations that it has failed to meet investment obligations in the country. It has responded by threatening to file a lawsuit of its own against the Ukrainian government in order to prove it has fulfilled its commitments.Kiev alleges that Ukrainsky Aluminium (Ukral), a subsidiary of the Russian giant Russian Aluminium, had failed to act on its promise to build a new 200,000-tonne capacity aluminium smelter at Pervomaisk, in the Kharkov region of the ...
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