Metinvest signed a new EUR 20 million loan agreement with a seven year tenor from the Black Sea Trade and Development Bank (the BSTDB), strengthening its long standing cooperation with the international financial institution. The agreement was signed during the Ukraine Recovery Conference (URC 2026) in Gdansk in the presence of Ukraine’s Minister of Economy, Environment and Agriculture, Oleksii Sobolev, who witnessed the signing.

The financing will enhance the Group’s energy resilience in Ukraine, including installation of the first solar power facilities with 37 MW production capacity and maintenance of critical energy infrastructure. This will also allow to lower Metinvest’s carbon footprint.

This agreement builds on Metinvest’s successful track record with the BSTDB, following earlier capex loans in 2020 and working capital financing in 2024. The continued partnership highlights Metinvest’s commitment to sustainable development and modernization, while reinforcing its reputation as a trusted partner for global financial institutions.

Yuriy RYZHENKOV, CEO of Metinvest, commented: “Our cooperation with BSTDB is a vote of confidence in Metinvest’s long‑term strategy. These funds will help us modernize our facilities, invest in renewable energy, and strengthen Ukraine’s industrial base.”

Dr. Serhat KÖKSAL, President of BSTDB, said: "Our long-standing partnership with Metinvest reflects BSTDB's commitment to supporting resilient businesses in Ukraine. This financing will help strengthen industrial operations, enhance energy resilience and contribute to the country's economic recovery. We also value our broader partnership with the Japan Bank for International Cooperation (JBIC), which underscores our shared commitment to supporting Ukraine's recovery and sustainable development.