PoR leader Viktor Yanukovych has announced that the Mariupol Metallurgical Plant [Mariupolskiy met-kombinat im. Illicha], the largest in Ukraine, has stopped production.
The plant, a workers' collective, has about 60,000 employees on its books. They have been put on 'reduced wages'.
LEvko fears this is a significant indicator of the economic crisis facing the country - maybe the greatest in the country's short independent history. Wind-down and start up at plants such as MMK im. Illicha are major operations - they cannot be switched off and on at will. There could be a possibility now that it will never restart.
The value of last year's production at the plant was nearly 18 billion hryven.