In 2016 Zaporizhstal invested 1.8 billion UAH into development and modernization of its manufacture.
According to the company statement, among the major projects is the modernization of the gas-purifying system of sintering machines No. 3-6, and the reconstruction of the blast furnace No. 3. The latter costs 1.5 billion UAH.
“Ukraine is still experiencing the unfavorable investment climate. Ukrainian companies are almost completely cut from world investment markets, but even under such circumstances Zaporizhstal has been systematically modernizing its manufacturing processes. Since 2012 we have invested 5.7 billion UAH into such projects”, the company CEO Rostislav Shurma said. (Ukrainian metal)