Global demand for nickel has fallen sharply, therefore nickel prices have fallen almost three-fold. According to the 2008 annual results, output of ferronickel increased by 12.77% vs. 2007, and according to 2009 annual results, production decreased by 26.13% vs. 2008. One of the two furnaces had to be stopped, some of the employees (retired workers, supporting staff and employees whose functional responsibilities could be combined) were laid off, and part of the remaining workers were employed on a part-time basis. Those workers operating the stopped furnace were provided with other workplaces. The average salary decreased to UAH 2000, a drop of 13%. In comparison with salaries of other enterprises, this wasn’t so bad. But what is really important is social spending, including that in the local settlement, remained on the same pre-crisis level. For a long period of time, the owner of the Plant actually subsidized the enterprise with his own money.