ArcelorMittal Kriviy Rih intends to spend the 2017 profit on the manufacture development. The decision was taken at the recent annual shareholders meeting. A new supervisory board and revision committee have also been elected. Last year AMKR received 66.19 billion UAH of net income, with net profit at 5.06 billion UAH. (Ukrainian metal)
In 2017 ArcelorMittal Kriviy Rih received 66.185 billion UAH of net income, up by 25% YoY. According to the company statement, its net profit increased from 2.704 billion UAH to 5.061 billion UAH. EBITDA grew by 94.3%, to 6.353 billion UAH. The undistributed profit totaled 32.98 billion UAH. Last year the company produced 5.134 million…
Hugues Mingarelli, Head of the European Union Mission to Ukraine, visited PJSC ArcelorMittal Kriviy Rih. This is his first visit to Kriviy Rih and to the biggest mining and steelmaking plant of Ukraine. Along with the delegation Mingarelli held a meeting with the management of the plant, where numerous important issues were discussed, such as…
This weekend the new education project for employees’ children has started at ArcelorMittal – School of Young Engineers. The educational program includes chemical and physical experiments, master classes in wood and metal work, electrical and robotics, and 3D-printing. Participants of the School of Young Engineers will be 320 children at the age of 9 to…
The company with deepest regrets informs, that on April 17 due to a massive traffic accident in Kriviy Rih 8 people died and 21 people got injured, among them most were the employees of PJSC ArcelorMittal Kriviy Rih. Management of PJSC ArcelorMittal Kriviy Rih took the decision to provide financial support from the company to…
Lemtrans, a leading private operator of railway rolling stock in Ukraine, concluded a two-year contract in the framework of long-term cooperation with one of the largest steel producers ArcelorMittal Kriviy Rih. This contract provides the consignor with the complex provision of the rolling stock for the supply of fluxes, coal and coke and export of…
The pilot project “Package Tour for Leave” was launched in the beginning of the year. At this moment, over 360 employees have applied for it and chosen trip vouchers via travel agencies. The price of such a voucher is partly compensated by the company, and the compensation depends on the fact how often does an…
PJSC ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, will increase salaries of its employees from 5% to 20% from May 1. A new remuneration system, which was developed at the company, allows to review the employees’ salaries on a case-by-case basis – depending on the category of the personnel. The main…