Ukraine: despite Russian aggression Metinvest to participate in Moscow metal exhibition

In spite of the Russian aggression, Ukrainian metal and machine-building companies try to be present on the Russian market and strengthen their ties with traditional clients. This year Metal-Expo-2018 to be hosted in Moscow on November 13-16 will welcome 12 Ukrainian participants, including major and well know in Russia metal companies. Metinvest will traditionally participate…

Ukraine: Metinvest joins AIAEU

Metinvest has joined the Association of Industrial Automation Enterprises of Ukraine. This will provide the company with the additional ways to cooperate in the automated management of manufacturing processes and IT with other participants. The group plans to implement innovations at its enterprises and support the national Industry 4.0 programs and initiatives. The center of…

Ukraine: Metinvest EBITDA up in July 2018

In July Metinvest increased its EBITDA by 0.9% MoM, to $233 million.

Revenue dropped by 1.3%, to $1.082 billion.

In 2017 Metinvest EBITDA grew 1.77-fold YoY, to $2.044 billion, while revenue went up by 43.5%, to $8.931 billion. (Ukrainian metal)

Ukraine: Metinvest boosts environmental investment in Mariupol

Mariupol Ilyich Iron and Steel Works and Azovstal of Metinvest Group have been increasing their expenses on environmental projects for several years. In 2018 the green investments have grown 5.6-fold, to UAH 600 million. Financing increases progressively as the group switches from designing to constructing gas treatment facilities. In particular, investments in construction, upgrade and…

Ukraine: Metinvest prolongs rent of state works in Donbass

Metinvest has been prolonged the rent of the Phenol State Works in the city of Toretsk, Donetsk region.

The previous agreement was concluded on September 25, 2001 and was valid through September 25, 2018.

The premises of the works are rented by Inkor and Co, LLC, a part of Metinvest. (Ukrainian metal)

Ukraine: Metinvest gets Pokrovskoye Mine Group

Metinvest has indirectly become a shareholder in the Pokrovskoye Mine Group, the largest coking coal manufacturer in Ukraine.

Since Q2 2017, 57.29% of Pokrovskoye have been transferred from Donetskstal to Industrial Coal Holding LLC (ICH).

At present Metinvest B. V. holds 24.99% in ICH. (Ukrainian metal)