In 15 years, Metinvest has produced over 142 million tons of steel, which equals 20 thousand Eiffel towers. The steel produced by the group was used in the reconstruction of the Darnitskiy Bridge and the Olympiiskiy Stadium in Kyiv. Moreover, Metinvest steel was used in the construction of the UK’s highest building – The Shard,…
Metinvest has started supplying metal for the active stage of construction of the first “steel building” in Ukraine in Mariupol. Azovstal intends to provide over 330 tons of steel structures, with around a hundred to be delivered until the end of May. The frame of the building will be made of metal structures, while the…
Metinvest has supplied 13.3 thousand tons of unique steel to Italy under the project to construct a 100-meter security arch over the Chernobyl Nuclear Power Plant fourth energy unit. The steel has specific requirements to quality and chemical composition according both to European and Ukrainian standards. Each sheet was certified by independent experts. Steel was…
From May 1, Metinvest will increase salaries of its employees. In April, the group will finish the annual estimation of the personnel for the work in 2020. From April 1, new additional payment of 5% to 25% will be approved. In March, the average salary at Metinvest enterprises was 20.4 thousand UAH, up by 10%…
In 2020, Metinvest enterprises paid 22.1 billion UAH of taxes to budgets of all levels, up by 5% YoY. This equals almost half of what all companies in Ukraine pay to the budget in a month. “Thanks to this, the government was able to survive the first and the most difficult year of the coronacrisis.…
In 2020, Metinvest increased its net profit by 54% YoY, to $526 million. Revenue decreased by 3%, to $10.453 billion, while EBIDTA grew by 82%, to $2.204 billion. Debts fell by 3%, to $2.938 billion, with net debt down by 23%, to $2.111 billion. Capital investments went down by 37%, to $663 million. (Ukrainian metal)
In 2012-2020, Metinvest spent 15.35 billion UAH on the ecological modernization of its Mariupol Ilyich and Azovstal Iron and Steel Works. More than 40 large-scale projects have been carried out over the years. Thus, Azovstal decommissioned sintering shop, coke-oven batteries Nos. 5, 6 and 7 as well as blast furnaces Nos. 5 and 6, while…
In 2020, Metinvest enterprises produced 8.268 million tons of steel, up by 9% YoY. Pig iron manufacture grew by 7%, to 8.475 million tons, and coke – by 3%, to 4.808 million tons. Rolled metal output went up by 132 thousand tons, to 4.809 million tons. In particular, the manufacture of long-rolled products increased by…
