Ukraine: Metinvest starts shipping via Kherson port

Kherson Sea Trade Port has concluded an agreement and started working with the transport-expeditor company Metinvest-Shipping LLC.

The port has already exported the first batch of 9 thousand tons of rolled metal.

Metinvest-Shipping services cargo in the major ports of Ukraine, as well as transports it by railroad. (Ukrainian metal)

Ukraine: Metinvest raises salary

Last year the growth of wages at Metinvest enterprises exceeded 30%.

According to the group personnel director Alexander Pimkin, key jobs saw a rise of 40-45%.

“Now the salary of our key employees in metal, mining and coke departments ranges within $1000-1200 in UAH equivalent”, he said. (Ukrainian metal)

Ukraine: Standard&Poor’s improves Metinvest ratings

S&P Global Ratings has confirmed the long-term ratings of Metinvest in the national currency at B- with positive outlook (the previous being stable).

Earlier International Financing Review named Metinvest refinancing its debt the deal of the year among developing states.

In January-September 2018 Metinvest consolidated revenue increased by 46% YoY, to $9.063 billion. (Ukrainian metal)