To develop Ukrainian enterprises that extract iron ore, Metinvest needs to find a constant customer. That’s how the group CEO Yuri Ryzhenkov commented the plans to buy Dunaferr. “We have never made it secret that other European assets are of interest for us. Metinvest has been looking at European assets all the time, especially in…
Since the beginning of the Russian invasion, Metinvest logistics expenses on the transportation of iron ore abroad have grown almost 3-fold. “While before the war our logistics from Kryvyi Rih to China cost $35-40, now it’s $125-130 per ton of raw materials. And that’s the most economically profitable route – the Danube and the Port…
Under its “Steel Front” initiative, Metinvest has sent mortar tripods and bulletproof vests to defenders of Bakhmut. In particular, recently the group has provided 10 tripods. Soon 20 more tripods will be supplied. Moreover, the defenders also received 100 bulletproof vests. So far, Metinvest has provided more than 150 thousand bulletproof vests, either produced or…
Since the beginning of the Russian invasion, Metinvest has provided the Armed Forces of Ukraine with almost 1 million liters of fuel and 312 various machines. At first special machinery was supplied – trucks, bulldozers ad excavators. They were used in the construction of defence lines. Then Metinvest organized delivery of cars from abroad. They…
Metinvest and the Renat Akhmetov Foundation have provided Pokrovsk community with powerful diesel power plants to support faultless operation of boiler houses when there is no electricity. “The powerful diesel generators are capable of providing constant electricity manufacture. They have proven their efficiency in Zaporizhzhya hospitals, where 2 such generators fully support the operation of…
Metinvest has reelected the sane members of supervisory boards of some of its enterprises. Thus, on January 4, Zaporozhkoks extraordinary shareholders meeting reelected Metinvest CEO Yuri Ryzhenkov, CFO Yulia Dankova and legal director Svetlana Romanova as supervisory board members for 3 more years. The same will remain members of Zaporozhogneupor, Avdiivka Coke and Chemical Works…
Metinvest will provide over 10 mobile shelters for Ukrainian defenders. 3 protective constructions were sent to the brigade fighting off constant enemy attacks near Avdiivka. “These mobile dugouts can be used as shelters, providing protection against shelling,” Metinvest COO Alexander Mironenko has said. The shelters are made by various group enterprises. Each structure is 6…
Since the start of the Russian invasion, the Metinvest Group has channeled over 2.8 billion UAH to strengthen the country defence and support its employees and peaceful Ukrainians, including 1.5 billion UAH for the Army under the Steel Front Initiative of Rinat Akhmetov. “Metinvest makes everything possible to bring Ukraine’s victory closer. Our enterprises, as…