Arcelor Mittal has avoided a fine of 72 million UAH

Arcelor Mittal has avoided a fine of 72 million UAH

22.12.2016 News

The Supreme Commercial Court of Ukraine overturned the decision on the recovery of a fine in the amount of 72.7 million UAH to PJSC Arcelor Mittal Kryvyi Rih.

This information was reported by the representatives of the Ukrainian industrial complex on December 20th. According to a statement, prosecutors claim was rejected, and the previous decision of the Dnepropetrovsk Commercial Court of Appeal  canceled due to a lack of sufficient evidence.

Recall that the essence of the litigation was in the charge of metallurgical complex Arcelor Mittal in excess of pollutant emission standards in the atmosphere. The decision was  made by Dnipropetrovsk Commercial Court of Appeal at the beginning of November this year.

It is worth noting that in the current period  the above mentioned court case is not the only in the biography of the Kryvyi Rih enterprise. According to the Unified Register of court decisions in Ukraine, on the eve of these actions another companies such as PJSC Ukrainian Railways (158 900 UAH) and Krivorizhteplomerezha (406 700 UAH) filed lawsuits in the courts against Arcelor Mittal.

Other articles

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

  • Україна планує запровадити нове мито на імпорт
    News

    Україна планує запровадити нове мито на імпорт

    Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]

Read also

Arcelor Mittal has avoided a fine of 72 million UAH
News

Lvovselmash become bankrupt

Recently, one of the plants of Lviv, which operates in the agricultural sector, has become bankrupt. This refers to the  agricultural machinery plant “Lvovselmash” that the Commercial Court of Zaporizhia region declared a bankrupt and opened the liquidation procedure. Last month, in February, the Commercial Court of Zaporizhia region ordered the reopening of the bankruptcy […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Gucci to donate half a million dollars to UNICEF for vaccination against COVID-19

The most popular fashion brand Gucci will donate about $ 500,000 for the purchase and distribution of a new type of coronavirus vaccine among vulnerable people around the world. It is noted that the funds will be transferred to UNICEF, which supports the WHO initiative on mass vaccination COVAX and the GAVI group. “Global equitable […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

The major producer of pig meat will build a station for biogas production in Ivano-Frankivsk region

The agricultural enterprise “Danosha” (Kalushskyi  district) intends to build a station for the biogas production in the village Tustan Galichskyi district, Ivano-Frankivsk region till 2017. It was said by the CEO Christian Jacobsen to the reporters. The plant capacity is 1 megawatt. It will use the raw materials of organic waste of animals and herbage. The installation […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Britain reduced its shares in Lloyds to less than 6%

On Monday, the Cabinet of Ministers of the United Kingdom officially announced the implementation of more than 700.000 million shares of the largest national retail bank Lloyds Banking Group total value of which, at the close of the stock market on Friday, estimated at 481 million pounds. Thus, a majority of assets owned by the […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Billionaires have increased their wealth to $ 10.2 trillion

At the end of July 2020, the dollar billionaires owned a record $ 10.2 trillion. This is evidenced by the results of a joint study by consulting and auditing company PwC and UBS Bank, published on Wednesday, October 7. The previous peak of $ 8.9 trillion was recorded in 2017. Now the number of billionaires […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Germany will spend billions of euros on 62 hydrogen projects

The German authorities have chosen 62 large hydrogen projects that will receive state funding of 8 billion euros under the European Union’s IPCEI program (important projects of common European interest). The Ministry of Economy and Energy of Germany announced this the day before with reference to the head of the department Peter Altmeier. “We want […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Biden blacklisted 59 Chinese companies

U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values ​​of the United States and our allies,” the document […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Elektrovazhmash will modernize Ukrzaliznytsia’s locomotives

Kharkiv plant Electrovazhmash will soon receive a certificate and will participate in tenders of Ukrzaliznytsia for the renewal of rolling stock. This was announced on Thursday, March 25, the State Property Fund. Representatives of the companies discussed further cooperation within the framework of the previously signed road map. The Minister of Infrastructure Vladislav Krykliy and […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Named the most expensive brands in the world

Apple Inc. for the first time in 2016 ranked first in the list of most valuable brands in the world. Brand Finance analysts estimated the company at $ 263.4 billion. Amazon ($ 254.2 billion) is second in the annual Brand Finance Global 500 ranking, followed by Google ($ 191.2 billion). The top ten most expensive […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Facebook thinks about face recognition in its smart glasses

Facebook is considering the introduction of face recognition technology in smart glasses, which is currently working, writes CNBC, citing the words of the head of hardware Andrew Bosworth. According to him, this feature can be added if customers need it. He added that if people do not need this technology, then use it in the […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Microsoft has frozen financing politicians in the US

Microsoft has frozen donations to American politicians who voted against Joe Biden’s approval as president after the election. This decision will be valid until 2022. In addition, Microsoft will not support state-level politicians and organizations that have tried to challenge the election results. According to Brad Smith, the president of the corporation, in the last […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

The manufacturer of artificial beef can enter the stock exchange in 2021

The American producer of vegetable meat products Impossible Foods expects that investors will estimate it at $ 10 billion during the listing. The company plans to go public this year, but has not yet decided how to become a public company, reports Reuters, citing knowledgeable interlocutors. According to them, the company is now exploring the […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Trump does not like the terms of the TikTok agreement with Oracle

US President Donald Trump has expressed dissatisfaction with the fact that under the terms of the agreement between ByteDance and Oracle, the Chinese company will retain a majority stake in the TikTok service, and Oracle will have a minority stake. This Trump said during the press briefing at the White House. Responding to the question […]

Next
800 600 spek
News

Microsoft, Vodafone, Hewlett-Packard: AI Conference Kyiv to Gather Top AI Experts

On June 4, Smile-Expo will hold annual AI Conference Kyiv in the capital of Ukraine. This year, the conference is focused on business automation using artificial intelligence. Speakers include leading experts from Microsoft, Vodafone, Hewlett Packard Enterprise, METRO Cash & Carry, and other well-known companies. Keynote Speakers of AI Conference Kyiv The conference primarily aims […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

In the new year some of the individual entrepreneurs will be in the shadow: Why work openly became not profitable?

Since the end of 2016 year it has been observed in Ukraine a negative surge of activity among sole proprietorships. It is talking about a mass liquidation of FOP associated with the innovations of the taxation system in Ukraine. Thus, according to the legislation since January 1st of this year, every natural persons-entrepreneurs are undertaken […]

Next
Arcelor Mittal has avoided a fine of 72 million UAH
News

Virgin Atlantic Airways asks for protection from bankruptcy

British airline Virgin Atlantic Airways, which has assets and leading business, including in the United States, 49% of which belongs to the American Delta Airlines, filed a claim for bankruptcy protection in the Southern District of New York. Chapter 15 of the US Bankruptcy Code: “Law on Prevention of Abuse in Bankruptcy and Consumer Protection” […]

Next