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CSR
4/17/2025

Reliable Partnership: Metinvest Signs Memorandum of Cooperation with Shyroke Community

Metinvest's Integrated Iron Ore has confirmed its intention to continue supporting the Shyroke community in the Dnipro region throughout 2025. This year, the memorandum signatories will focus on improving study conditions for school students and upgrading roads between villages.Despite the war and challenging economic situation, Metinvest has maintained its commitment to developing infrastructure in communities near the production facilities of its assets in Kryvyi Rih. The Shyroke community has become the first this year with whom the scope of work has been discussed, approved and formalised in a memorandum."Our productive cooperation has continued for many years, and the war has only strengthened our mutual support. When people from the Kherson region started to arrive in large numbers, the company helped furnish the accommodation we provided them with all the essentials for living: beds, linens and household appliances. Under the 'Saving Lives' project, initiated by Metinvest, the
Breaking News
4/17/2025

Steelmakers in the Grip of Duties and Restrictive Policies: What Will Happen to Steel Exports?

At the Business Wisdom Summit (BWS) 2025 held on 11 April in Kyiv, Oleksandr Myronenko, Chief Operating Officer (COO) of Metinvest Group, discussed how to transition from a raw materials-based economy to a technology-driven one, what hinders the export of Ukrainian products and what challenges the mining and metals sector is facing.The main topics at BWS 2025 included the expansion of Ukrainian businesses into global markets, adaptation to new regulatory conditions, leadership strategies in times of instability, financial resilience of enterprises and opportunities for digital transformation to boost business efficiency. The event brought together more than 40 speakers: company owners, top managers and experts from various industries, as well as senior government officials. More than 500 participants attended the event offline and over 8,000 viewers joined online.Oleksandr Myronenko took part in the “Expansion and European Integration” panel. The discussion featured executives from In
Metinvest Polytechnic
4/16/2025

Metinvest Polytechnic students are among the TOP-10 at all-Ukrainian automation engineering competitions

Students of Metinvest Polytechnic entered the TOP-10 of participants of the engineering competition "Best of the Best 2.0" in the field of industrial automation. The event was held in Zhytomyr at the premises of ITM Automation School Competence Center of Polissia National University and brought together more than three dozen of the best students from all over Ukraine. The organizer was ENCOM, a provider of solutions in the field of automation. Among the participants are students of the first private mining and metallurgical university in Ukraine: Oleksii Sytnyk, Vasyl Kinshakov and Andrii Shkolnyi. They successfully passed both stages of the competition – theoretical and practical – demonstrating thorough knowledge in electrical engineering, automatic control theory, digital electronics and programming of process systems. The result – a place in the TOP-10 – became a worthy assessment of the quality of training and an example of effective teamwork. Upon their return, the students shar
Digitalization
4/16/2025

Metinvest Digital: How a Ukrainian IT Company Is Transforming Industry in Times of War

At the 2U Tech Forum held on 10 April in Kyiv, Sergiy Detyuk, Chief Information Officer at Metinvest and Supervisory Board member at Metinvest Digital, spoke about how the IT company has become a competitive advantage for the Group and helps the business to operate in times of war.The 2U Tech Forum has become a platform for discussing digital solutions for business, as well as for debating the regulation of artificial intelligence (AI) and the possibilities of its application. The event brought together market leaders in IT, finance, agriculture, logistics, retail and other sectors. The forum was organised by Diia.City Union and UNIT.City.Sergiy Detyuk took part in the “Digital Revolution in Ukrainian Business: Company Showcase” panel. The discussion featured executives from Credit Agricole Bank, Kyivstar.Tec, Fozzy Venture Studio, OKKO GROUP and ASBC Ukraine | iSpace. Participants agreed that technology and innovation are no longer an additional advantage, but a basic prerequisite fo
Breaking News
4/15/2025

Metinvest Named as Largest Taxpayer in Ukraine’s Steel Industry in 2024

A rating by the NV publication has named Metinvest Group as the largest taxpayer in Ukraine’s steel industry in 2024, when it paid UAH19.8 billion in taxes to budgets of all levels in the country.The publication asked more than 170 private companies and banks how much tax they paid to budgets of all levels in 2024, and it compiled the rating based on the information received.According to the survey, nearly 80 of Ukraine’s largest private companies and banks paid a combined UAH466.5 billion in taxes to the state and local budgets last year.Philip Morris was the largest private taxpayer in Ukraine, paying UAH52.2 billion to budgets of various levels. DTEK came second with UAH41 billion, while BAT completed the top three with UAH38 billion.In the steel industry, after Metinvest, ArcelorMittal Kryvyi Rih ranked second in terms of taxes paid, contributing UAH6.6 billion. Then came Interpipe with UAH5.5 billion and Ferrexpo AG with UAH3.1 billion. Completing the top six were DCH with UAH2.3
Breaking News
4/15/2025

Zaporizhcoke Turns 91: The Mood and Performance as the Company Celebrates Its Anniversary

Metinvest Group's Zaporizhcoke is celebrating its 91st anniversary since its founding.Given the state of martial law, Zaporizhcoke refused to hold mass gathering event in order not to expose its employees to danger. Workers are marking the company's anniversary at their workplaces – by the coke oven batteries, at control panels operating machinery and equipment, in laboratories and workshops. Through their work on both regular days and holidays, they strengthen the country's economy and bring closer the most desired event – victory and a just peace in Ukraine.At the coke battery No. 6, we meet a door operator Yevhen Zinendinov. He maintains the coking chamber doors and coke ejector mechanisms, monitoring their proper operation together with coke oven service machine operator Oleksandr Makarov."The company's anniversary is certainly important, but we are now focused on what matters most: ensuring everything works stably and properly under these difficult conditions – that raw materials
Metinvest Polytechnic
4/15/2025

Metinvest Polytechnic in Zaporizhzhia Graduated Specialists in Modern Engineering and Technical Programmes

Ukraine's first private mining and metallurgical university, Metinvest Polytechnic, has graduated 124 master's degree students.The university’s second graduating cohort specialised in metallurgy, mining, automation, computer science, business processes and operational efficiency, occupational safety, environmental protection, and project management of changes in the mining and metals sector.The National Agency for Higher Education Quality Assurance has accredited all the university’s educational programmes. Graduation ceremonies were held in Zaporizhzhia, Kamianske and Kryvyi Rih.This year’s graduates include many employees from Kamet Steel, the Group’s mining and processing plants in Kryvyi Rih, the Zaporizhstal joint venture, Metinvest Digital, Zaporizhzhia Casting and Mechanical Works, Zaporizhzhia Refractories, Metinvest Business Services and Metinvest Sichsteel.Addressing the graduates, university rector Oleksandr POVAZHNIY commented: "This graduation marks the beginning of a new
Breaking News
4/14/2025

Metinvest to Raise Salaries at Ukrainian Manufacturing and Service Enterprises From 1 April

Metinvest is to increase salaries for employees of its manufacturing and repair enterprises in Ukraine from 1 April. The Group will apply a differentiated approach to the pay revisions: base salaries will rise by up to 20% depending on employee category. The decision was made amid a challenging financial situation at Metinvest. In 2024, the Group’s net loss rose six-fold year-on-year to US$1.152 billion. Metinvest has suspended operations at Pokrovske Coal given the approaching front line and threat to employees’ lives, while last summer the Group had to idle Inhulets Iron Ore because of unprofitable production. When revising salaries, Metinvest has taken into account the overall situation on the labour market, the national average wage, the competitiveness of employees’ pay, the shortage of professions, the inflation rate and staff turnover. As such, the pay revision from 1 April involves a differentiated approach. Salaries of manufacturing personnel will rise by up to 20% depending
Metinvest Polytechnic
4/14/2025

New Generation Forum: Metinvest Polytechnic Unites Education, Science and Business for Sustainable Metallurgy

The New Generation Forum, an open discussion platform that brought together leading educators, scientists, managers and industry representatives, took place at Metinvest Polytechnic Participants discussed various issues during the event, particularly how to transform the metallurgical industry amid energy challenges, decarbonisation processes, and digital technologies.Oleksandr POVAZHNY,Metinvest Polytechnic's rector, opened the event with a presentation on educational approaches for training a new generation of engineers. He emphasised the importance of combining academic learning with practice experience at enterprises, where students are already engaged in implementing sustainable production technologies."We have ambitious plans, which we are already brining to life in close cooperation with the business, particularly at the international level. This year, we officially began our partnership with Danieli, one of the leading companies in the global metallurgical equipment market. We
Heroes Among Us
4/14/2025

In search of understanding: Kryvyi Rih senior pupils took part in the "Speak Up, Veteran" event

"Expectations vs. reality in communication with veterans" – this was the topic of the next event within the framework of the "Speak Up, Veteran" project, which is being implemented in Kryvyi Rih with the support of Metinvest and the city authorities. Senior pupils of "Credo" Lyceum and Kryvyi Rih Gymnasium No. 8, war veterans and psychologists were invited to the event.The return of a military person to civilian life can often be accompanied by dissonance in his/her worldview. Just like people in non-military professions, the older generation or young people may experience inconvenience in communicating with veterans."Due to different experiences and a sense of isolation, returning veterans may enter a depressive state, anxiety, because it seems to them that civilians do not understand them, are embarrassed when talking. Such events with the participation of different parties help to build a strong dialogue, and also demonstrate the readiness of a part of society that was not directly
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