Russian troops are trying to resume operation of the occupied Mariupol port, which stocks Ukrainian metal and grain, which signifies their intention to steal them. According to Igor Barskiy, director of the state enterprise Mariupol Sea Trade Port, on February 23 there were around 200 thousand tons of metal and pig iron valued at $170…
Metinvest has sent over 60 drones and 50 night vision devices with helmets valued at 10 million UAH to the army. According to the military, this is not the first help from the group. “We are grateful for the help. It will provide our smallest troops on the battlefield with the eyes in the air.…
Under the Metinvest corporate program “Home for our own”, 150 employees have offered their housing to their colleagues who had to flee their homes following the Russian invasion. Of them 144 are in the cities where the group has its companies. 10 rent agreements have been concluded. In particular, Svetlana Roschenko from SevGOK has provided…
As of May 6, Metinvest had funds of $582 million, up from $483 million on April 7. Because of the Russian invasion, the group assets suffered damages, with several assets mothballed, leading to the suspension of the manufacture. A part of the Avdiivka Coke and Chemical Works is mothballed, while another part is being repaired.…
Metinvest Group can increase exports of metal products to the USA after the latter’s decision to temporarily cancel the 25% duty on steel. Still, there are trade limitations in the USA on almost all rolled metal produced in Ukraine (hot-rolled coils, plates, rods, welded pipes, seamless pipes, rebars, wire rod and wire). “That is why…
Since February 24, the Metinvest Group has spent UAH 1.176 billion on projects of aid to Ukraine. The main task of the humanitarian initiative was the purchase and delivery of humanitarian cargo, in particular, food from Europe to Ukraine. In 2 months, almost 30 thousand people received this aid. Thanks to charitable contributions from almost…
156 people have been evacuated from Azovstal to Zaporozhye. Yet, hundreds of civilians remain blocked at the plant. Metinvest will provide for the necessary help for those evacuated from its Mariupol plant. “156 people stayed in the Azovstal shelters for almost 2 months. They say, that hundreds of people remain there, mostly women and children.…
Metinvest is preparing lawsuits against Russia for the destruction of Azovstal and Mariupol Ilyich Iron and Steel Works. The estimated amount of lawsuits is $10 billion. “The pre-war capitalization of our plants was $10 billion. We are preparing lawsuits to make Russia pay for all the damages inflicted,” Metinvest main shareholder Rinat Akhmetov has said.…