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Breaking News
11/20/2024

Consolidated GOK of Metinvest Pay UAH 4.7 Billion in Taxes in First Nine Months of 2024

During the first nine months of 2024, Northern GOK, Central GOK, and Ingulets GOK of Metinvest transferred UAH 4.7 billion to the state and local budgets. This amount is double the UAH 2.3 billion paid during the same period last year.Despite the full-scale war and economic challenges, Metinvest's Consolidated GOK remains one of the largest taxpayers and a crucial economic pillar for Kryvyi Rih and Ukraine.In the first nine months of 2024, mining tax was the main source of budget revenue from Northern GOK, Central GOK, and Ingulets GOK, totalling to UAH 2.4 billion. The treasury also received the unified social tax, which amounted to UAH 512 million and the personal income tax of UAH 453 million. Among the list of the largest contributions are also land fees and eco-tax."Despite the wartime, GOKs on Metinvest remain not just an economic support for the region, but also the largest employer. We continue to implement the veteran policy for our defenders who gradually return from the fro
Career
11/20/2024

Kamet Steel's new hires meet with subdivision managers for team-building

A close-knit, efficient team is the key to successful production. One of the priorities for subdivision managers is integrating new employees into the team as quickly as possible, fostering an environment of mutual trust, responsibility, and support. Recently, the BOF Shop and Blast Furnace Shop have held ‘no-tie’ meetings between newly hired employees and their managers.Kamet Steel has held the first meetings in a new format as part of a programme that has been rolled out across Metinvest Group’s enterprises since November 2024. The main purpose of such communication is to facilitate the adaptation of newly hired employees and establish a positive emotional connection with their managers to support and motivate them.For instance, Denys Yeskov, head of the BOF Shop, welcomed his new colleagues into his office, effortlessly easing their initial discomfort with his trademark hospitality and open conversation. He started by sharing a candid account of his background, career path, educati
Heroes Among Us
11/20/2024

Volodymyr Zolotaryov, a veteran of Metinvest Northern Iron Ore, "I hold the reins of life tightly"

With unshakable faith in Ukraine's victory, war veteran and currently a mechanic of convoy No. 1 of the Northern Iron Ore, Volodymyr Zolotaryov, entered the Metinvest Polytechnic Technical University in the summer of 2022. At that time, he was defending the country as part of the 129th Separate Brigade of the Territorial Defence. About the experience of working at the Northern Iron Ore, the front and training for the future – in the hero's story.It is quite difficult for Volodymyr Zolotaryov to find free time to talk about himself now. His life is scheduled almost minute by minute. At work, he is currently temporarily performing the duties of a convoy commander. While we are talking, Volodymyr is simultaneously solving production issues, because he needs to schedule job orders for the next day for the entire vehicle fleet. After work, he studies online at Metinvest Polytechnic, and he also has a family – a wife, son and daughter. On his weekends, the man travels to the defenders' loca
Event
11/20/2024

Hot Heart: Team of Blast Furnace Shop of PJSC "Zaporizhstal" Celebrated 91st Anniversary

It is impossible to imagine Zaporizhstal without Blast Furnace Shop and its professional team, which skillfully conquers huge furnaces. It was here that 91 years ago its history began – near the hearth of Blast Furnace #1.Since then, work has been in full swing here literally around the clock. Hot metal melts are being produced, the quality of the product and the uninterrupted operation of the furnaces are controlled, the temperature inside of which can reach two thousand degrees."It is from the birth of the first hot metal that the chronicle of the enterprise begins – the traditions of leadership, dedication, and mutual support are born. We cherish these traditions today, in especially difficult times for the industry, the whole of Ukraine. We are blast furnace workers, we know what stability and endurance are," says the head of the shop Serhii SAFONOV.One of the first to meet hot metal in the cast house is the blast-furnace man Vitaliy MINKO. Today he is on the second blast furnace.
Safety
11/19/2024

“Zaporizhstal” minimizes risks when working with oxygen equipment

In order to achieve injury-free work, it is necessary to constantly improve production processes, systematically check the knowledge of employees and improve them. Currently, in Zaporizhia, work is underway to increase safety during repair work on oxygen equipment.– All rules are based on experience – sometimes our own, and sometimes on the mistakes of others. Unfortunately, we already have examples when neglecting labor protection requirements leads to fatal consequences. And this encourages us to pay more attention to the safe performance of certain works at “Zaporizhstal”, – notes Andriy KUZMUK, Head of the Department of Line Control of Labor Safety. – We are currently working on reducing risks during repair work in gas-hazardous areas, as well as on oxygen equipment.First of all, this is an analysis. Specialists of the Labor Safety Directorate, together with representatives of the oxygen compressor shop, conducted a risk assessment in case of deviations from the production process
Breaking News
11/19/2024

1,000 Days of War: Metinvest Spends UAH8 Billion to Support Ukraine

Since the start of the full-scale invasion, Metinvest has spent UAH8 billion to help Ukraine and its citizens. This includes UAH4.4 billion for the needs of the national defence forces as part of Rinat Akhmetov’s Steel Front defence initiative.Since the beginning of the full-scale invasion, Metinvest has mobilised all its resources to support the defence forces, civilians and our employees while ensuring the resilience of the economy. We have endured these 1,000 days of war thanks to the dedication of each of our employees. Not only have we managed to preserve the Group, but we have also become a reliable pillar of support for the country. Today, our goals and actions remain steadfast: to do everything within our power to secure Ukraine’s victory and post-war recovery.— Yuriy RYZHENKOV, CEO of MetinvestECONOMYMetinvest’s enterprises in Ukraine are operating under the constant threat of enemy shelling. The Group’s assets in Mariupol and Avdiivka have been affected by hostilities, and t
Career
11/19/2024

Zaporizhstal Metallurgists Receive Awards and Bonuses on 91st Anniversary of the Enterprise Foundation

On the occasion of Zaporizhstal's 91st anniversary, the enterprise honored employees and teams who made the greatest contribution to ensuring the stable operation of the enterprise during the war, mastering new types of products, and actively participating in volunteer initiatives.For the third consecutive year, the team of Zaporizhstal is celebrating the enterprise foundation anniversary amid the full-scale war. Despite the challenging times, the enterprise works stably: every third tonne of iron, steel and rolled product in Ukraine is produced here at the Zaporizhzhia metallurgical enterprise.On the occasion of the enterprise's anniversary, fifty employees of Zaporizhstal were awarded certificates of honour from Zaporizhstal and Metinvest Group, Zaporizhzhia Regional Military Administration, City Executive Committee, the enterprise's trade union organization, and other honours, along with cash prizes.For significant contributions to improving production efficiency, honorary certific
Breaking News
11/18/2024

Вступ до ЄС відкриває значні можливості за умови врахування українських інтересів – Олександр Водовіз

Про ризики й можливості бізнесу, які несе євроінтеграція України, стимули для повернення українців з-за кордону та вплив податків на інвестиційний клімат розповів керівник офісу генерального директора Групи Метінвест Олександр Водовіз на конференції «Діалоги про майбутнє», яку провело видання NV 14 листопада в Києві.«Діалоги про майбутнє» – найбільший незалежний майданчик для обговорення основних складників розвитку країни, від безпеки та економічного зростання до якості життя. NV зібрало понад 30 промовців, серед яких дипломати, керівники компаній різних секторів економіки, представники влади, діячі культури та лідери думок.Олександр Водовіз взяв участь у дискусійній панелі «Ставка на потужність. Як Україні зі списку найперспективніших економік світу перейти в статус провідних: найбільші можливості майбутнього, магніт для інвестицій, зростання ВВП».Євроінтеграція: можливості й ризики для бізнесуЗа його словами, від початку повномасштабної війни Група Метінвест втратила 50% бізнесу. А
Breaking News
11/18/2024

Forbes: Metinvest Named Ukraine’s No. 1 Company, Seven Group CEOs Listed Among Top Executives

According to Forbes Ukraine, Metinvest Group has been recognised as the leader in the ranking of the 202 largest businesses in Ukraine. Seven of the Group’s top managers were listed among the country’s 303 top executives.The ranking of the largest Ukrainian private companies includes enterprises with revenues of over UAH4.7 billion.Exceptions were made for public sector companies, intermediaries in the natural monopoly market and companies with up to 50 employees. The publication analysed the companies’ financial performance in 2023 and the first half of 2024. The sources of financial data and headcount information included the YouControl system, figures provided by the companies and the publication’s own analytical estimates. After consolidating the financial data, all companies and groups were ranked by revenue (net income) in 2023.Forbes explains that the use of the numbers 202 and 303 reflects respect for all living and fallen Ukrainian soldiers and their families. The publication
CSR
11/18/2024

Metinvest Integrated GOK with Partners Provides Drinking Water to Hleiuvatka Community

Metinvest Integrated GOK has joined an initiative to supply residents of the Hleiuvatka community with drinking water free of charge. This initiative was formalized in the annual Memorandum of Cooperation. It became more urgent after the Russian army destroyed the Kakhovka HPP. The destruction of the Kakhovka hydroelectric dam in summer 2023 endangered over 16,000 lives and critically disrupted the water supply system in the Dnipro region. To date, the issue of drinking water supply for the Hleiuvatka community has become vital for nearly 7,000 civilians. As a result of the hostile attack, a water quality has dramatically dropped. Some villages lack access to a centralised water supply. Therefore, this year, a Memorandum of Cooperation was established between Metinvest Integrated GOK, the Hleiuvatka community, and the NGO "Kryvyi Rih Foundation for Future," which includes actions aimed at creating a purified water system to ensure residents have access to drinking water. Through colla
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