ArcelorMittal Kriviy Rih has reported “crisis actions” following a Shakhed attack on February 3. According to the press service representative Wolodymyr Haidash, there was no technogenic accident at the plant, only “certain crisis actions were taken to liquidate the consequences of electricity cut following the Russian attack”. The company denied information on explosions and fire,…
In 2023, ArcelorMittal Kriviy Rih paid 4.1 billion UAH of taxes to budgets of all levels, down 2.1-fold YoY. Of this amount, 243 million UAH was paid to the state budget and 2.2 billion UAH to local budgets. Unified social payment amounted to 751 million UAH and VAT – 856 million tons. The land tax…
On January 22, ArcelorMittal Kriviy Rih opened the “Eternal glory to the warriors-employees of ArcelorMittal Kriviy Rih” monument. The monument is dedicated to employees of the enterprise who have fought against the Russian aggression and died for Ukraine, as well as to those who by their labor bring the victory closer. The monument was erected…
ArcelorMittal Kriviy Rih has appointed Pavel Zadorozhniy the acting financial director and chief accountant from January 8 for an indefinite term. The decision was taken by the CEO Mauro Longobardo on January 5. The office of the previous CFO Sergey Plichko was suspended based on the CEO order dated December 25, 2023. Plichko has been…
ArcelorMittal Kriviy Rih has relieved financial director Sergey Plichko of his duties. His office ended on December 25. Plichko has been working as the CFO for 7 years. Pavel Zadorozhniy has been appointed acting financial director and chief accountant till January 5, 2024. (Ukrainian metal)
ArcelorMittal Kriviy Rih believes it can increase sales on domestic market thanks to the government orders and normalization of logistic routes. This year capex amounted to $130 million, and next year the company planned to increase investments by 20%, to $155 million. In 2023, AMKR intends to produce more than 1.4 million tons of pig…
In 2024, ArcelorMittal Kriviy Rih intends to increase the loading of its capacities from 30% to 50%. “As the largest international investor in Ukraine and the largest mining and metallurgical enterprise in the country we are a reliable partner to Ukraine and contribute considerably to its economy during the war. Thus, next year we plan…
The European Bank for Reconstruction and Development has provided a loan of $150 million to ArcelorMittal Kriviy Rih to replenish the working capital of the company. The loan was approved on November 15, and the funds are being provided. The loan will also support the development and realization of the new special program of professional…
