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Breaking News
7/22/2024

HR Wisdom Summit: Metinvest Among Ukraine’s Top Five Employers and Winner of Best Veteran Adaptation Programme Award

In the “Best Employers of Ukraine 2024” rating by the "TOP 100. Ratings of the Largest” magazine, Metinvest Group ranked fifth and was recognised in a special nomination for “Best Veteran Adaptation Programme”. The award ceremony was held on 17 July at the HR Wisdom Summit in Kyiv.The rating covered the 50 largest employers, and an expert jury determined the winners. The leaders of the special nominations were chosen by the magazine’s editorial board and the business portal Delo.ua.The ten largest employers in Ukraine also include Nova Poshta, DTEK Group, Kernel, Kyivstar, Philip Morris Ukraine, FUIB, ArcelorMittal Kryvyi Rih, MHP and Astarta-Kyiv.The criteria for evaluating participants in the special nominations included project scale, availability of additional conditions for staff well-being and safety, educational component and innovation.The topic of this year’s HR Wisdom Summit was “Places of Power: Transformation of the Work Environment Into a Place of Power and Growth”. HR di
Digest
7/21/2024

Metinvest is Ukraine's Pillar: 15 – 21 July highlights

War does not give you the right to be tired. If you stop, you lose precious time. That is why the support of Metinvest Group never pauses. The company helps defenders and veterans, takes care of injured civilians, and its employees. At the same time, operations at the company's enterprises do not stop for a moment.Find out more about the most memorable events of the last seven days in our traditional digest.1Metinvest is among the top ten successful investors in Ukraine2Metinvest enters into a new agreement on securitization of receivables3Metinvest paid almost UAH 10 bln in taxes in the first half of 20244Metinvest's enterprises celebrated Metallurgist's and Miner's Day.5With the support of Metinvest, the Free Waves project for defenders was launched6Metinvest Polytechnic signed a memorandum with Promet Steel and a university in Bulgaria.7Metinvest will focus its efforts on the development of infrastructure in the Karpivshchyna region.8Metinvest's GOK mentors were recognized as one o
Heroes Among Us
7/19/2024

"Free Waves" rehabilitation project for war veterans and military personnel was launched in Zaporizhzhia.

A social project was introduced in Zaporizhzhia to help rehabilitate and support war veterans and military personnel. The author of the methodology is Zaporizhzhia athlete and public figure Denys Sylantiev. Financial support for the "Free Waves" project in Zaporizhzhia is provided by Metinvest in coordination with Zaporizhstal and the NGO "Zaporizhzhia." Platform for Joint Action".The pilot launch of the project took place on July 16 in one of the swimming pool centers in Zaporizhzhia. The aim of the "Free Waves" program is to normalize health conditions and support physical, psychological, and health rehabilitation of war veterans and military personnel through swimming activities."The best manifestation of gratitude and respect for the defenders of Ukraine is to take care of them, find and implement solutions that will help soldiers adapt to civilian life after returning from the front line. Metinvest's adaptation program for veterans provides a targeted and multi-step system of sup
Breaking News
7/19/2024

Statement of the General Director of Metinvest Group Yuri Ryzhenkov on the Occasion of Metallurgist and Miner's Day

Dear colleagues!Today, the Day of the Metallurgist and Miner, is taking on new meanings. This day is about the strength and courage of those in the industry who are defending the country on the front line. It is about the steel nerves and iron endurance of those who are continuing to work near the front line, risking their lives. It is about real heroes who demonstrate every day what it means to be patriots of their country. It is about people who have repeatedly proved that we can rely on them at all times, in both peace and war.Your work supports Ukraine’s economy. You enable entire cities and regions to live: Zaporizhzhia, Kryvyi Rih, Kamianske and many others.Hundreds of thousands of workers in the mining and metals industry are a powerful force contributing to Ukraine’s victory. The industry brings peaceful times closer by producing steel products for the army and strengthening the country’s defence capabilities. It volunteers and supports its comrades on the front.We will never
Breaking News
7/19/2024

Rinat Akhmetov's greetings on the occasion of the Day of Metallurgists and Miners

Dear friends!I sincerely wish you a happy Metallurgical and Mining Industry Workers' Day!Unfortunately, for the third year in a row, we celebrate this day in the conditions of a full-scale war, to the sounds of air raids and explosions. Despite all the enemy's efforts to break us, the open pits, mines, and blast furnaces continue to live and operate. And with them, Ukraine's economy and industry continue to live and work. Thanks to you, Ukrainian metallurgists and miners. Thanks to your hard work, courage, and dedication.I am convinced that true patriotism is not words. It is about taking action and showing courage, even in the toughest times, to stand with Ukraine—defending its freedom and independence, and contributing to its development and strength.In peacetime, we all took pride in Metinvest's impressive steel projects—bridges, residential complexes, wind farms and ships. We took pride in the technical university, where we invested significant effort, resources, and expertise in
Breaking News
7/18/2024

Metinvest Launches New Securitisation Deal

Metinvest B.V., the parent company of an international vertically integrated group of steel and mining companies (jointly referred to as “Metinvest” or “the Group”), today announces the successful launch of a new accounts receivable securitisation programme for its Italian re-rollers, Metinvest Trametal and Ferriera Valsider. The transaction will allow to finance a pool of accounts receivable up to EUR 50 million. The facility has a maximum tenor of five years and a one-year rolling commitment. It will support sales in the EU and improve the working capital position of Italian re-rollers of the Group.The transaction has been structured by Banca Akros S.p.A (Gruppo Banco BPM) through an Italian Law 130/99 special purpose vehicle. It involves the issuance of partially paid variable funding senior notes, backed by a portfolio of trade receivables originated by Metinvest Trametal and Ferriera Valsider. Banco BPM S.p.A. through Banca Akros S.p.A. acts as senior investor in the transaction.
Modernization
7/18/2024

Reconstruction of the Benzene Section Building at PJSC "KAMET-STEEL" Completed

In the by-product recovery shop, as part of the reconstruction project, comprehensive restoration work on the benzene section building, which contains vital equipment for the stable production process, has been completed. The building houses pumping units, various process equipment, and communications to the benzene column in front of the building. Operating for as long as Kamet Steel's coke-chemical subdivisions, the building had significantly deteriorated due to its extensive use. In particular, the walls, windows, roofing, floor slabs, and beams were recently in an unsatisfactory condition. In this regard, a "restoration" of the building was carried out to avoid emergency situations. Repair specialists of Metinvest-Promservice, in collaboration with experts from the shop's maintenance services, during long and large-scale works managed to upgrade from scratch a monolithic reinforced concrete roof belt, equipped a soft roof, repaired and reinforced the heads of the supporting column
Breaking News
7/18/2024

Metinvest Among Ukraine’s Top Ten Successful Investors According to dsnews.ua

Leading Ukrainian businesses have already adapted to the realities of war and are actively planning for the future. According to dsnews.ua, large investment projects in many areas offer the best evidence for this. Metinvest Group is among the top investors.As noted in the article entitled “Top 10 Successful Investor Companies in Ukraine”, even during the most difficult period of Ukraine's history, businesses cannot stop financing fixed assets. Employee development has always been a priority for successful companies. Usually, large players do not abandon the R&D sphere because investment in this area means moving forward. All companies that want to stay in the game must upgrade equipment, adopt and develop technologies, as well as retain and increase their human potential.The most war-affected industries are making significant capital investments. For example, Zaporizhstal has spent more than UAH1.2 billion to upgrade its equipment, while Germany’s Notus Energy is building a wind power
My point of support
7/18/2024

Mentors of Metinvest's mining and processing plant are some of the best in Kryvyi Rih

Seven employees of Inhulets Iron Ore and Central Iron Ore were recognised as winners in the category "Best Mentor to Youth" at the annual public competition among employers, entrepreneurs, educational and vocational training institutions of Kryvyi Rih.The city recognised the contributions of mentors from Metinvest's enterprises to the dual education project, which trains young people at the enterprises through a dual education system. This system prepares future concentrating and pelletising operators, mechanics, and professionals in various repair fields, among others.Experienced professionals with the necessary qualifications and the ability to teach and share their expertise are chosen to mentor young people. Among them are employees of Inhulets Iron Ore: excavator driver Oleksandr Fedin, driver-instructor of locomotive crews Ihor Yakovliev, and masters of the on-the-job training Ruslan Seferbekov and Davyd Lomtadze. Each of them has years of mentoring experience and a legacy of gr
Heroes Among Us
7/18/2024

Four Stories of Metinvest Heroes for NV: “War Hardens People Differently”

For Metinvest, defending the homeland is not just a matter of words. Every sixth employee of the Group has been mobilised into the Ukrainian armed forces. More than 9,000 employees have been defending Ukraine’s independence since the beginning of the war, proving the resilience of Ukrainians, according to an article in NV magazine (No.4 /2024).Those who have seen hell on the front line are gradually returning to civilian life. About a thousand defenders, including veterans of the ATO (Anti-Terrorist Operation), have returned to work at Metinvest’s enterprises. They are determined to work in their new roles to bring Ukraine’s victory closer.Today, we would like to introduce you to four true heroes – Group employees who have shared their memories of mobilisation, combat and returning home.Serhii KravchenkoMy name is Serhii Kravchenko, and I am the head of the power service of the railway shop at Inhulets Iron Ore. At the front, I served in the border troops and later participated in the
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