Ukraine: AMKR to spend 10.8 billion UAH to pay dividends

ArcelorMittal Kriviy Rih intends to spend 10.8 billion UAH to pay dividends. This amount corresponds to 2.81 UAH per ordinary share.

The dividends will be paid via the Ukraine’s depositary system.

AMKR is the largest manufacturer of rolled steel in Ukraine.

Mittal Steel bought 93.02% of Krivorozhstal in 2005 for 24.2 billion UAH. (Ukrainian metal)

Ukraine: Security Service checks AMKR Sinter Plant

On September 5 Security Service officers came back to inspect sinter plant. Law enforcement officers jointly with Regional Environment Inspectorate performed measurements on stationary emission sources. The plant created all conditions for representatives of Security Service, which was proceeding with criminal investigation under the article 441 of Criminal Code of Ukraine (“Ecocide”). In addition, representatives…

Ukraine: tallest skyscraper in Lviv built using AMKR metal

ArcelorMittal Kriviy Rih has delivered rebars for the construction of a modern housing complex of business-class Avalon Up, which includes the tallest skyscraper in Lviv. The company has already shipped over 320 tons of its metal products. The project envisages the construction of four apartment houses (19-25 floors with panoramic glazing) with underground and guest…

Ukraine: AMKR to finance social and environmental initiatives of Kriviy Rih residents

ArcelorMittal Kriviy Rih is launching a new Ecocity project. Its goal is to support the social and environmental initiatives of the residents of Kriviy Rih on improvement and landscaping of urban areas, resource saving and rational use of waste. The best of them will be financed by the company by allocating grants. The total prize…

Ukraine: President promises to reduce electricity tariffs for industrial companies

“We were assured that till October 1 industrial companies would have electricity tariffs reduced by 15-20%”, said Oleg Ayko, Head of raw materials purchasing department of procurement administration, ArcelorMittal Kriviy Rih, who attended a meeting at the Office of the President of Ukraine on the current situation in the electricity market after introduction of a…

Ukraine: observer of OSCE special monitoring mission visits AMKR

ArcelorMittal Kriviy Rih was visited by Stephen Douglas, OSCE observer (Organization for Security and Cooperation in Europe) in Ukraine. This is the first visit of a representative of the OSCE special monitoring mission to the plant. Recently, Douglas has been appointed OSCE Coordinator for Economic and Environmental Security in Dnipropetrovsk, Zaporizhzhya and Kirovograd regions. As…

Ukraine: AMKR supports initiatives of the President Office

Top managers of ArcelorMittal Kriviy Rih had a meeting with the President of the State Volodymyr Zelenskyi in the end of July, and recently had negotiations with the representative of the Office of the President of Ukraine, having discussed possibilities to improve environmental footprint and to implement social projects in Kriviy Rih. The result is…

Ukraine: AMKR insists on quality performance of works under the social partnership agreement

The cracked tiles shall be replaced, the deformed areas shall be repaired, and the project to improve the pedestrian walkway along Metallurgov Avenue near Bogdan Khmelnitsky Park shall be completed, ArcelorMittal Kriviy Rih insists. The company reserved UAH 10 million for this project; the works started in April, but were suspended in May after the…

Ukraine: AMKR to lose $1 million due to environmental probe

ArcelorMittal’s Ukrainian steel mill will lose $1 million this month after a key piece of steelmaking equipment has been seized following a security service investigation, the plant’s acting head Oleksandr Ivanov said. The probe into Ukraine’s largest private foreign investor is seen as an early test for the presidency of Volodymyr Zelensky, who has promised…

Ukraine: AMKR searched by security service

The Ukrainian arm of the world’s biggest steelmaker said that the state security service had searched its plant in Kryvyi Rih, a week after new Ukrainian President Volodymyr Zelensky criticized the management. ArcelorMittal has invested about $9 billion in Kryvyi Rih, Ukraine’s largest steel mill, which is now under close government scrutiny, as reported by…

Ukraine: AMKR on unscheduled inspection by State Environment Inspectorate

ArcelorMittal Kriviy Rih carries out its business activities in accordance with effective legislation of Ukraine and expects respective actions and attitude from public authorities and local government bodies. According to article 19 of the Constitution of Ukraine, public authorities and local government bodies, their officials must act only based on and within their powers and…

Ukraine: AMKR shows facilities with significant environmental benefit

In the lead-up to World Environment Day, ArcelorMittal Kriviy Rih invited the public to its industrial facilities that were declared in the city environmental program and already reconstructed with significant environmental benefit. Environment protection specialists of Mining and Steelmaking Complex companies, the representatives of governmental entities, local government authorities of Kriviy Rih and other cities…