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Career
5/16/2024

Honorary Metallurgist of Ukraine from Zaporizhzhia was congratulated on his anniversary

Половину життя знаний виробничник присвятив опануванню професії на металургійному гіганті.Багато років ветерани Запоріжсталі писали історію комбінату, вона надійно та міцно спліталася з їх власною історією життя. Здається, вони встигали все: працювали, навчалися самі та навчали інших, передавали із покоління в покоління традиції любові до вогняної професії, жили і працювали «на одній хвилі». Сьогодні вони – на заслуженому відпочинку, однак і досі зберігають міцний зв’язок з рідним комбінатом, де їх цінують і пам’ятають досі. Нещодавно з 85-річним ювілеєм ветерана Запоріжсталі Віктора Андрійовича Чирву привітали представники підприємства. – Наші люди назавжди вписані в літопис комбінату, бо вони власною працею будували майбутнє Запоріжсталі. Так, як робимо ми сьогодні. Бажаємо Почесному металургу міцного здоров'я, козацької наснаги, мирного неба і жаги до життя, – привітав ветерана директор з виробництва Андрій КРИВЦОВ.Віктор Андрійович присвятив роботі на комбінаті 44 роки свого життя.
Interview
5/15/2024

“We are increasing the country’s defence capability. This makes our employees’ eyes light up” – Oleksandr Myronenko

How does the largest employer in Ukraine’s steel industry keep its teams energised? Oleksandr Myronenko, chief operating officer of Metinvest Group, talks about this in a Forbes article titled “Antidote to Burnout. How two years of war have affected tens of thousands of employees of industry and IT sector leaders. Cases and advice from Metinvest and EPAM top executives.” Below is an adapted and shortened version of the original article that reflects Metinvest’s position. Since the start of the full-scale invasion, Metinvest, Ukraine’s largest private group, has lost two-thirds of its estimated value. Two plants – Azovstal and Ilyich Steel – have been occupied. The team of nearly 60,000 employees is working with full dedication despite constant shelling and power outages. Olena Bondar, CEO of Wellbeing Company, believes that no one in Ukraine is spared from exhaustion. She asked Myronenko how the Group maintains morale. Spoiler: The key challenge for post-industrial businesses in Ukrai
Aid to fighters
5/15/2024

Zaporizhstal's employees handed over restored vehicles to the frontline

Metinvest's enterprises in Zaporizhzhia continue to help the military as part of Rinat Akhmetov's Steel Front defence initiative by repairing heavy equipment and vehicles.Thus, Zaporizhstal's employee at the overhaul and repair depot of the Armed Forces of Ukraine have restored several large vehicles – one MAZ and two KamAZ trucks - and have already handed them over to our defenders."We have done a fairly large amount of work, involving many people. We repaired the sides, chassis, and trailer. Now there is a problem with spare parts, it is difficult to find them for these vehicles. However, we are trying to find ways to solve these problems. We are doing everything to help Ukrainian soldiers," said Mykhailo OVECHKO, Acting Head of Road Transport Department on Operation and Maintenance at Zaporizhstal.The military say that such large vehicles are indispensable at the frontline. They are used to perform a variety of tasks, so such assistance is very important for them."In general, we do
CSR
5/15/2024

Metinvest to spend UAH 50 million for social and economic development of Kamianske

Metinvest Group has signed a Memorandum of Cooperation in Social and Economic Development with the Kamianske City Council. The company will spend UAH 50 million to support the city.As part of the agreement, the community will receive UAH 50 million from Metinvest in 2024-2025 to implement socially significant projects in the city. In particular, the funds will be used to co-finance the reconstruction of three hospitals: No. 9, the ambulance service, and the primary healthcare centre No. 3. In addition, the latter two hospitals will undergo major overhauls to their civil defence facilities with Metinvest's support, and a new bomb shelter will be built in Lyceum No. 22 to meet modern standards."Today, our top priorities are to support the army and help our employees. Metinvest pays great attention to the development of the cities where its enterprises are located. Kamianske is a strong town of strong people, and our mission is to help the city council and the citizens become even strong
Aid to fighters
5/15/2024

"We are Involved 24/7 in the Construction of Fortifications that Help Defend the Country": How the Steel Front Works in 2024

At the Pryamyy Channel studio, Alexandr Myronenko, the Chief Operations Officer of Metinvest Group, told about the work of Rinat Akhmetov's Steel Front, the safety of soldiers at the front line, the construction of fortifications, cooperation with the military and plans to launch new products for frontline use."The construction of fortifications is currently being actively discussed in society. How did it all start for Rinat Akhmetov's Steel Front? When did you join this process?We at Metinvest joined the process at the beginning of the full-scale invasion. We were tasked by the military to fortify the cities where our businesses are located. Therefore, we began constructing fortifications around these areas. We supplied resources, machinery and manpower to block roads, make anti-tank ditches and prevent the occupiers from advancing.On a much larger scale in the Donetsk and Zaporizhzhia directions, we got involved in late autumn last year. Since then, we have been involved 24/7 in the
Breaking News
5/14/2024

In 2023, Metinvest's iron ore enrichment works allocated UAH 2.3 bln to support their production facilities

During the second year of the full-scale war, investment projects were implemented at the Northern, Central and Ingulets Iron Ore Enrichment Works aimed at ensuring the stability of production processes and overhauling machinery and equipment.In 2023, Metinvest's Kryvyi Rih mining enterprises invested in projects to increase productivity, product quality, ensure the smooth operation of key equipment, and reduce the cost of producing iron ore. Among the main projects implemented last year at Northern Iron Ore Enrichment Works was the modernization of sections and the installation of a new economical engine on the 2TE10M diesel locomotive, which was involved in the transportation of ore from the Pervomaisk quarry to the first crushing plant. It was also the installation of roller screens of green pellets on the LURGI-552A induration machine to maintain a competitive position in the European market of iron ore raw materials. To ensure compliance with the moisture content in concentrate,
Event
5/13/2024

The employees of the "INGULETS GOK" saved the life of a colleague, thanks to the skills of providing first aid

At the enterprises of Metinvest Group of Kryvyi Rih city, employees are systematically trained to provide the first aid. With the beginning of the war, specialists also learn skills in tactical medicine. It was such knowledge of colleagues that helped to save the life of an electric and gas welder who fell ill while performing work at the Ingulets plant.The ability to act correctly in an unpredictable situation is not an empty word for workers of Ingulets plant - Ihor Tolkachov, head of the section of the ore beneficiation factory No. 1, and Roman Sai, head of the emergency and rescue service of the plant. Thanks to their quick and coordinated actions, a man's life was saved.One of the electric and gas welders of the contracting organization, having passed a pre-shift medical examination and having no contraindications due to his health state, started work. However, at the end of the work shift, he suddenly lost consciousness in the workshop. Ihor Tolkachov, the head of the first sect
Digest
5/12/2024

Metinvest is Ukraine's Pillar: highlights for May 6 – 12

When you know that you are on the right path, all obstacles can be overcome. Especially when there is strong support. Amid the full-scale war, it is Metinvest Group that is such support for Ukraine. Since the first days of the invasion to the present day, the company has been systematically helping the army, civilians and its employees. It ensures the operation of enterprises, takes care of the sustainability of the economy and plans the future recovery of Ukraine.Read more about the events and news of the last seven days in Metinvest's traditional digest.1Metinvest was recognised as one of the largest investors of Ukraine in 2022-20232More than 1,800 people received humanitarian aid from Saving Lives3For the units of Northern GOK, a device to check the serviceability of PPE was purchased4Kamet Steel has mastered the manufacture of replaceable equipment for the 400/200 mill5Metinvest is on the list of honest taxpayers in Ukraine6Zaporizhstal volunteers held a charity art event in supp
Breaking News
5/10/2024

Metinvest was recognized as one of the largest investors in Ukraine in 2022-2023 – Forbes

For the first time, Forbes presented the rating of "20+5 largest investors of the country". 20 participants of this rating invested UAH 173 billion ($5 billion) in business development during the big war.Why is this important?Capital investment is not only about the development of companies, it is also about the growth and future of the economy. The share of investments in GDP during the five pre-war years averaged 15%. The norm of the so-called extended reproduction is an indicator of 20% and above. If less, the economy consumes its own future resources. In fact, this means a slow collapse of the country's economic prospects. In 2023, thanks to business activity and significant state investments, primarily in defense, this indicator was 17%.Business is picking up momentum: in 2023, the top 20 investors on our list increased CAPEX by 33%. Is it a little or a lot? At first glance, we have growth by a third. On the other hand, the nominal GDP grew not much less – by 25%.The problem of t
Safety
5/10/2024

Steel Hardened by War: Zaporizhstal's Experience of Metinvest Group

The work of metallurgists in the frontline regions of Zaporizhzhia, Dnipro and Donetsk are accompanied by large risk: enemy shelling takes place almost every day. The information about the Ukrainian companies' experience in protecting their employees, including Metinvest Group, is described in the Forbes Ukraine article "Work with the High Risk".Forbes's journalists interviewed the heads of Metinvest Group's Zaporizhstal, Centravis, Interpipe Niko Tube and DTEK. The heads of the companies shared information how they ensure occupational safety and life safety of their employees. Below, we offer you an expanded version of the adapted material, supplemented by Metinvest's experience.A metallurgical production, compared to other types of manufacturing, is a continuous process that demands constant presence of workers during production. Metallurgical equipment without supervision and control may cause more damage than enemy shelling. Therefore, special operation mode has been established a
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