Metinvest has created a work group to design new Azovstal, which will be restored in Mariupol. According to Azovstal CEO Enver Tskitishvili, the group wants, after the occupied territories are liberated, to restore the plant. “That will be another plant,” he said. The new Azovstal might not be in the same place as the destroyed…
Metinvest has launched a number of important repairs at its mining and metallurgical assets in Zaporozhye and Dniepropetrovsk regions. In particular, Zaporizhstal is repairing an air heater of the blast furnace No. 4. The work will be completed until autumn. Investments amount to 80 million UAH. Kametstal is repairing its blast furnace No. 12. (Ukrainian…
Metinvest Group has provided another batch of aid to the Main Department of Reconnaissance of the Ministry of Defense. This time, the military received 120 drones, of which 20 have thermal imagers and remote control. The cost of the drones is $500 thousand. “While earlier the military asked for bulletproof vests and helmets, now they…
Following the Russian invasion, Metinvest Group has decreased the combined use of its enterprises by more than 40%. The enterprises are located near the front line and inside the war zone, in particular in Mariupol. The employees have to constantly hide in shelters due to air strike alert, while Avdiivka Coke and Chemical Works employees…
Metinvest-Shipping LLC has announced a tender to buy truck transportation of 169 thousand tons of iron ore raw materials from seaports blocked by Russia to the quay warehouses of the state enterprise Izmail Sea Trade Port. The company needs to transport around 92 thousand tons of iron ore raw materials from the Yuzhniy port and…
Since the start of the Russian invasion, Metinvest has transferred over 1.5 billion UAH to help the army, civilians and its employees. In particular, during the first days of the invasion Metinvest, DTEK and the Rinat Akhmetov Foundation have created the “Saving Life” humanitarian project. Since then, over 3 thousand tons of first need goods…
During the week Zaporozhye defenders have received 1 thousand bulletproof vests and 700 helmets. The armor was provided by Metinvest. “Since the first days of the Russian invasion Metinvest has been helping the Armed Forces of Ukraine, the National Guard and the territorial defense units. This is our duty as a Ukrainian company,” Zaporizhstal purchase…
Within the next 2 years, steel output in Ukraine will decrease at least by two-thirds, director of Metinvest strategy and business development department Roman Perepelitsa has said. The company sees two possible scenarios. The first presupposes the victory of Ukraine in war with Russia. Then a speedy recovery of the economy can be expected with…