10 construction and manufacturing enterprises, to which Metinvest owes more than 142 million UAH, have addressed the group with an open letter. The debt accumulated in December 2021 – February 2022. The companies say they have fulfilled the agreed amount of work and supplied raw materials. (Ukrainian metal)
Metinvest has supplied another batch of drones valued at almost 1.5 million UAH to the Armed Forces of Ukraine. “Our people, our miners also serve in the Armed Forces, defending the Donbass lands. And it is to these armed formations that we provide aid today. The Metinvest Pokrovskvugillya enterprises support the Steel Front military initiative,…
Servicemen from Donetsk region have received another batch of bulletproof vests from the Metinvest Group. Plates for the vests are of Metinvest make. Shooting tests have shown that they withstand calibers of 5.45 and 7.62 mm. “Since the first days of the war Metinvest has been providing aid to our employees, their families and, of…
The Lviv Defence Cluster has received over 500 tons of steel sheets from the Metinvest Group for free. From these sheets the LDC specialists produced a considerable amount from 80 thousand bulletproof vests already provided to the Ukrainian defenders. LDC was able to launch manufacture from scratch during the war. “We aim to produce 100…
Metinvest will make no large-scale investments in long-term projects in Ukraine until the country secures a considerable victory in the war with Russia. “This must not necessarily be Russia’s capitulation. But this must be a decisive moment at the end of the war, not another Minsk agreement. This must be something serious, with safety guarantees…
Metinvest has increased the military fleet of drones of the Ukrainian Armed Forces and the Intelligence Service with 300 UAVs valued at over $1.4 million. “The drones are equipped with thermal imagers and optical zoom, which allows hunting for the enemy machines and personnel even at night. They also have additional batteries, can fly for…
Metinvest B.V. has confirmed the fulfillment of its debt obligations even under the martial law. Thus, on September 1, the group made the last payment on the Eurobonds with the maturity in 2027. In this the group benefits from considerable diversification of its assets both from the view of product portfolio (iron ore concentrate, rolled…
Metinvest will resume investing in new Ukrainian assets only after the war. “Ukraine has to win decisively for the investments to be resumed,” the group CEO Yuri Ryzhenkov has said. During the war, the group is revising its strategy, but the goal remains unchanged – to become one of the key players on the European…