Metinvest Group has been included in the European Business Association’s (EBA)’s “Investment Leaders” list of major wartime investors. Between 2022 and 2024, Metinvest and its joint ventures invested US$910 million in production and energy independence, and the Group plans to make around US$300 million in further investments in 2025.

Metinvest has joined the second wave of the Investment Leaders project – an open list of EBA member companies implementing investment projects worth over US$10 million during the full-scale invasion. The initiative helps track the contribution of businesses to Ukraine’s development and reconstruction, while also demonstrating the country’s investment potential for international partners.

“Business resilience in wartime is measured by the willingness to support the country’s economy through concrete action. Our investments are a way to preserve production and our teams, strengthen energy independence and build trust among employees, partners and contractors. We continue to invest in development because we believe that the steel industry will become a cornerstone of Ukraine’s post-war recovery,” noted Yuriy RYZHENKOV, CEO of Metinvest Group.

Metinvest representative Oleg Davydenko during the award ceremony 

Since 2022, EBA member companies have announced investments totalling approximately US$5 billion. The second wave of the Investment Leaders project includes projects worth over US$2 billion (US$975 million in completed projects and US$1.07 billion in those currently underway). The first wave accounted for more than US$3 billion in announced investments.

In total, 29 companies were included in the list of major wartime investors. They represent a broad range of sectors, including industry and energy, agri-food, pharmaceuticals, tobacco, telecommunications and IT, logistics and transport, construction materials and development, food service and the investment and financial sector.