Rinat Akhmetov`s Steel Front military initiative has joined the construction of 55 strongpoints with a total length more than 80 km in the Avdiivka, Kurakhove and Zaporizhzhia directions of combat zone. The construction of the first and second lines of defense intensified in December 2023 in coordination with Ministry of Defense of Ukraine and in cooperation with Engineer forces. As a part of Rinat Akhmetov’s Steel Front initiative, SCM’s specialists worked 24/7 to build fortifications what will provide additional protection for hundreds of thousands of civilians and Ukrainians soldiers in Donetsk and Zaporizhzhia regions. Up to 100 company specialists, including drivers, crane and excavator operators, worked alongside up to 25 units of various specialized equipment such as excavators, truck cranes, and large trucks in the construction of the protective structures.in addition to engaging and employees, Steel Front representatives carried out excavation works, provided construction mat

Metinvest Group will increase salaries for the employees of its manufacturing and repair facilities in Ukraine from 1 May of this year. The Group will apply a differentiated approach to the revision of salaries and pay will be indexed at a rate above forecast inflation.It was a difficult step for the Group to increase salaries for its employees. Metinvest managed to rebuild the Group’s operations amid new conditions after the loss of its plants in Mariupol and Avdiivka. The reopening of the maritime export corridor in August 2023 helped to slightly increase the workload of the plants. The market situation remains unfavourable for the Group, with falling prices for steel products and increasing logistics costs.Under these circumstances, the Group is guided by the principle of building a fair system of remuneration for work performance. Therefore, the salary revision from 1 May will involve a differentiated approach. Salaries for manufacturing employees will increase by 5-20%, and by up

Filip Kharchuk from Zaporizhstal was one of the first to receive a master's diploma from Metinvest Polytechnic this year.Filip Kharchuk has been working as a furnace helper at Zaporizhstal for two years already. He is a process engineer by profession, but during the war, the ambitious Zaporizhstal employee decided to continue his studies and get a second degree. This is how he became a student of the first private mining and metals university Metinvest Polytechnic."I was already employed with Zaporizhstal when I found out that Metinvest Polytechnic had announced recruitment and that the company's employees could study for free at the expense of the Company. I didn't hesitate to apply, and my studies began. While, of course, it was not easy to juggle work and study, the schedule at the university was quite flexible, we could study in the evenings, so we would find time," says Filip KHARCHUK.Filip is a graduate of the master's programme "Steel metallurgy". He was awarded a Metinvest Pol

Amid the full-scale war, Metinvest remains a pillar of Ukraine’s economy. In the first quarter of 2024, including associated companies and joint ventures, the Group increased its taxes and duties to budgets of all levels in the country to UAH4.2 billion, up around 70%.The largest items included subsoil use fees, which were up 7.5 times year-on-year to UAH1.3 billion. The Group also increased the personal income tax payment by 22% to UAH791 million. In addition, Metinvest paid UAH870 million in single social contribution to the budget, up 20%. The Group’s Ukrainian enterprises paid UAH407 million in income tax, while rent payments rose by 8% to UAH312 million and environmental tax by 34% to UAH182 million. Despite the war in Ukraine and many unfavourable business factors, we have managed to increase our contributions. This is the result of our team's work to improve efficiency in all areas and rebuild the Group to face the new conditions. As the largest taxpayer in the industry, we are

The war is grinding on, but we have no right to give up. Day by day, Metinvest's team works to bring the victory closer. The company supports the defenders and veterans, provides assistance to the affected civilians and keeps its businesses running to generate tax revenue and ensure the development of the regions, in which they operate.Read more about the events and news of the last seven days in Metinvest's traditional digest.1Metinvest launches video course on interaction with veterans2Zaporizhstal invests UAH 1.2 billion to support its facilities amid war3Central GOK repairs beneficiation equipment4Metinvest supports EdCamp in Kryvyi Rih5Offline session held for Metinvest Polytechnic students at Northern GOK6Vocational school students visit Zaporizhstal's industrial site7Metinvest takes part in Business Wisdom Summit 20248Kamet Steel completes first stage of revamping of CCM #2 electrical equipment9Mine Construction Company celebrates its 72nd anniversary10Employees of Kryvyi Rih b

The BOF shop is continuing to implement an investment project for the revamping of electrical equipment of continuous casting machine No 2. The first stage to equip three strands of the machine with modern frequency converters has been completed.Олександр ДегтяренкоThe revamp aims to increase the operational reliability of CCM No 2, primarily by reducing the unscheduled downtime of electrical equipment and avoiding emergency outages.To this end, the electrical system undergoes a phased replacement of analog converters with modern DC and frequency converters designed to regulate the operation of electric motors of all machine mechanisms.The first to third strands and the so-called common mechanisms have been fitted with new frequency converters during the first stage. Previously, one group of motors was fed from one converter.Now each of upper and lower stand mechanisms have been equipped with individual converters, enabling to improve their performance, response time and quality of co

Colleagues were among those who congratulated Zaporizhzhia Refractories’ long-serving employee Mykola Kuzmin on his centennial anniversary.In the whirlpool of life’s trials and adventures, we sometimes encounter stories that become examples of hope, resilience, and dedication. The life journey of Mykola Maksymovych is one such story. In 1995, he became a part of Zaporizhzhia Refractories’ team, where he immediately proved himself to be a talented and promising employee. Over the years, Mykola Maksymovych honed his skills and knowledge, moving up in the company from a gasman to a foreman of a gas rescue station.Working at the gas rescue station, Mykola Maksymovych performed various tasks to ensure safe and effective management of gas equipment. His experience and professional knowledge helped to keep other employees safe. Throughout his career, multiple generations of employees were taught this craft by Mykola Maksymovych.Today, when he is 100 years old, our senior colleague remains en

Metinvest Group takes an active part in supporting and reintegrating veterans, as a large number of employees from the Group's enterprises have been mobilised to the Armed Forces of Ukraine, and some of them are already returning from military service. Tetiana Petruk, Metinvest Group's Chief Sustainability Officer, shared the company's experience during a panel discussion on the reintegration of veterans and support for veteran businesses held on 10 April at the Kyiv Business Wisdom Summit.Тетяна ПетрукToday, first of all, I would like to thank our men and women who are serving in the Ukrainian Armed Forces and whose return is very much looked forward to at our enterprises. And this is exactly the message we are sending to our veterans. In total, Metinvest Group has more than 8,000 employees serving in the Ukrainian Armed Forces. One in six employees of our operating enterprises is now serving in the defence forces. The main message we want to convey to them is that we are waiting for

Wartime is a test of strength, which the team of Colliery Group "Pokrovs'ke" has been passing with honour. Mykova NOVIKOV, Director of Production, talks about the current work of the production teams, achieved results and future plans. Микола НОВІКОВ “Mykola Mykolaiovych, what tasks are the production sites focused on?” “First and foremost, it is safe and accident-free operation. It is important that people who go to the mine are aware of the risks they may face and follow safe work practices rather than entirely zero in on the job at hand. To this end, the company is implementing the Safe Workspace programme, which helps to implement preventive risk minimisation measures. The enterprise currently has four production teams. April will be challenging for many of them due to mining and geological conditions. Section No 7 is a leader in terms of performance. The miners are mining the 6th longwall of the southern panel of block 10. The coal face has now entered the fault zone, which is re

On the occasion of the 72nd anniversary of Mine Construction Company, Serhii LOZOVSKYI, General Director of the company, talks about the intricacies of work, achievements and plans for the future.“Serhii Petrovych, Mine Construction Company is probably the only company in Ukraine that, along with underground tunnelling, specialises in the sinking and equipping of vertical mine workings and the construction of surface mine facilities. What tasks is the team working on now?”“In 2024, we are working in line with our approved business plan, which has been optimised compared to last year. The main facility under construction is Pokrovske Colliery's block 11.Two sections are engaged in underground work. The teams led by Volodymyr Yeshchenko, Mykola Vasylenko and Vasyl Kyrychenko are performing preparatory work for air gate 1 of the longwall of the southern panel of block 10 and assembly roadway 2 of the northern longwall of the central panel of block 11.The team of shaft sinking and tunnell