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Breaking News
2/27/2024

SCM Investment Group boosts investments in Ukraine

In the year 2023, Rinat Akhmetov’s SCM allocated over $0.88 billion (EURO 0.81 billion) for capital investments and modernisation efforts across Ukraine, marking a substantial increase of nearly 52% from 2022.The investments spanned several key sectors.To bolster Ukraine’s energy independence, DTEK Group launched 26 new coal faces, upgraded over 6,000 km of overhead power lines, and refurbished 2,000 energy assets, including extensive repairs of power plant units and their components damaged by enemy attacks. The company also advanced the development of Tyligulska Wind Power Plant, one of Eastern Europe’s most formidable WPPs. Moreover, comprehensive geological surveying, construction, and drilling activities were undertaken at natural gas fields. Metinvest Group’s capital investment efforts were primarily directed towards restoring and enhancing safety protocols at crucial steel companies and supporting the continuation of production technologies. This included furnace overhauls at Z
Humanitarian aid
2/26/2024

Help - to Victory: the humanitarian mission of Metinvest's Kryvyi Rih enterprises

It's been two years since the humanitarian sector became a part of the life and work of Metinvest's Kryvyi Rih enterprises. In the warehouses of the mining and processing plants, miners volunteered to pack food parcels that were delivered to the city as part of the Saving Lives humanitarian project. In total, they packed 163,180 packages, which formed a strategic stock in the GOKs' shelters and helped tens of thousands of people in need survive the hardship. The company continues to provide assistance to the least socially protected Ukrainians through Kryvyi Rih. Another batch of humanitarian aid from Metinvest is currently being distributed to the village councils of Hleyuvatska, Lozuvatska, Novolativska, Shyrokivska, Karpivska, Petrivska and Hrechanopodivska communities. It will be delivered to single mothers and people with disabilities. This time, the country-men received nearly 30,500 cans of meat and 3,800 hygiene kits. People are happy, because the quality of the products is go
Career
2/26/2024

'For Our Family, Working in a Mine Means Stability': Liudmyla Soldatenko

Even in peaceful times, one could not imagine operations at Metinvest Pokrovskcoal's sites without their female employees. In the time of war, when men are fighting for the country, this fact takes on a new meaning. Today an increasing number of members of the "fairer" sex are working underground and making a significant contribution to the victory.Liudmyla Soldatenko, a miner of the underground mine transport section of CG "Pokrovs'ke", is one of the company's female employees working underground. She began her career as an underground miner almost three years ago. Before that, she had worked for 17 years as a pump plant operator. She learned the ropes of the underground trade at the company's Employee Training and Development Centre - and she does not regret her choice."Of course, sometimes it's not easy," says Liudmyla, "but I don't complain, I like my job. My husband Serhii and my son Vitalii also work at the colliery group. Together, we stand strong on the production front. Furth
Interview
2/26/2024

“There is no peace on Russian terms. Unless Russia is punished for what it has done, the world isn’t going to be safe for a long time.”

In an interview with The Telegraph, Yuriy Ryzhenkov, CEO of Metinvest Group, warned of the consequences of a possible Kremlin victory. Below is an adapted version of the original interview.“I don’t believe that if Ukraine fails, Putin will stop,” said Metinvest CEO Yuriy Ryzhenkov in an interview ahead of the two-year anniversary of the war in Ukraine. “The Baltic states, Poland, Romania, Hungary, Slovakia are the next targets.”Ryzhenkov’s comments were made just days before Putin threatened the US with a global war that will “bring humanity to the brink” if Capitol Hill deploys troops to Ukraine.ContextPutin’s iron grip on power was demonstrated again last week after Russian opposition leader Alexei Navalny died while being held in a prison close to the Arctic Circle. His suspected poisoning has been described as a watershed moment for modern Russia as an increasingly insecure Kremlin tries to quash dissent.Yuriy Ryzhenkov, who has run the international steel and mining group Metinve
Humanitarian aid
2/26/2024

Two years of psychological support: "Metinvest Together!" specialists held 6000 consultations

War leaves its traces on everyone. On those who defend Ukraine at the front, risking their own lives. On civilians who live in conditions of constant air alerts and uncertainty. On those who have lost loved ones or their homes because of the war.For two years now, the "Metinvest Together" service has been helping Metinvest employees and their families cope with the psychological consequences of the war. It is implemented with Wellbeing Company.As part of the service, one can contact professional psychologists for a free individual or group consultation, sign up for an online group meeting "Strong Together!", where one can speak out and listen to others. A series of webinars has been prepared that will be useful for anyone who wants to improve their emotional state or help their loved ones with this.TEAM OF PSYCHOLOGISTSThe service's psychologists are high-level specialists with at least five years of practical counselling experience, they are active members of the professional associa
Comfort of employees
2/26/2024

Metinvest Improves Transportation for Kamet Steel's Employees

Taking care of employees, even in difficult times of war, is among Metinvest Group's priorities. Kamet Steel has improved the quality of passenger transportation for its employees. A new contractor, "Avtobus-DNIPRO", has been providing such services at the enterprise since January. The carrier has taken on a challenging task, as the company's employees are transported along 13 routes, with buses covering more than 500 km daily. The total passenger traffic on all routes is 60,000 people per month."A lot of work has been done in this short period of time. It was not smooth sailing from the get-go, it took some time for the carrier to adapt to the routes. However, the persistent efforts made by the Road Transport Department in cooperation with the new contractor have already yielded some results. Every day, we see the plant's employees travelling in comfortable buses from remote areas of the city and neighbouring settlements to the plant's gates and on its territory. Taking into account
My point of support
2/26/2024

From metallurgist to defender: the story of a Zaporizhzhia resident who joined the defence of the country

Volodymyr, a metallurgist from Zaporizhstal, volunteered to join the Territorial Defence Forces and spoke about his motivation for fighting. War fundamentally changes people's lives, divides them into "before" and "after", and teaches them to live anew – with new values, goals, desires and dreams. Prior to the full-scale invasion, Volodymyr worked in the Quality Control Department of Zaporizhstal. Since 2013, the man has been working as a controller (supervisor), and later, after being promoted, he became a foreman. With the outbreak of a full-scale war in February 2022, the man continued to work at Zaporizhstal, supporting the country's economy in times of uncertainty and crisis together with the enterprise's staff. The metallurgist helped volunteers and citizens, in particular, in strengthening the civil infrastructure, and later felt that he had to be at the military front – among his fellow defenders. – In the autumn of 2022, I became a volunteer fighter and joined the Territorial
Digest
2/25/2024

Metinvest is a Pillar of Ukraine: Highlights for February 19-25

Metinvest continues its path to victory. The company supports defenders and war veterans who have already returned to work. It helps civilians and takes care of its employees. At the same time, it ensures the operation of its enterprises so that the country's economy is sustainable even in the most difficult times.Read more about the events and news of the last seven days in Metinvest's traditional digest.1· Metinvest supports veterans to adapt to peaceful life2· Metinvest allocated UAH 15 million for the development of tactical medicine3Major Overhaul of turbo blower No. 14 was completed at Kamet-Steel4Zaporizhstal supported the creation of a museum exhibition dedicated to the war anniversary5Marine Denys Kovtykha received an apartment from the Heart of Azovstal6Two mills were repaired at the Central GOK's Beneficiation Plant.7Kamet-Steel introduces modern software to manage freight flows8"M86. Chronicle of Mariupol Defence" project was presented in Ukraine
CSR
2/23/2024

VOICES exhibition opened multimedia space of the Museum of Civilian Voices by the Rinat Akhmetov Foundation's in Kyiv

The Museum of the History of the City of Kyiv has launched the VOICES exhibition, which opened the multimedia space of the Museum of Civilian Voices by the Rinat Akhmetov Foundation with an art installation by GOGOLFEST.The exhibition will be open to visitors from 23 February to 26 April 2024 at the Museum of the History of the City of Kyiv at 7, Bohdana Khmelnytskoho Street."One of the tasks we tried to implement was to find ways to comment on the events of the war, to respond to them, to engage the countries of the world in dialogue. The three installations here form a triptych dedicated to the loss of home and the question of where home is. Is home the walls? Is it loved ones? Is it us? The first installation is City. A ruined city. A city of memory. A city of empty houses. The second one consists of suitcases – the Pillar of Destroyed Life, among which there are artifacts of the Museum. The third is the Refugees wall, where each figure hides an emotion, a story of a person who lef
CSR
2/23/2024

Zaporizhstal Supports Museum Exhibition Dedicated to Tenth Anniversary of Russian-Ukrainian War

The Zaporizhzhia Regional Museum of Local History opened an exhibition entitled "War for Independence", dedicated to the important milestones in the struggle of the Ukrainian people to assert Ukraine's statehood. This project became possible thanks to the financial support and assistance of Zaporizhstal.The exhibition was officially opened on 22 February 2024, in the run-up to the second anniversary of Russia's full-scale war against Ukraine. The opening ceremony was attended by representatives of the regional authorities, the steelworks, as well as military, volunteers, and residents of the city.The exhibition "War for Independence" is designed to highlight the events of the long-lasting war for the preservation of Ukraine's territorial integrity and to honour the feat of Ukraine's male and female defenders who are now defending the country's sovereignty on the front line and the memory of the fallen heroes.– We have to preserve the memory of our people, the feat of our people, and p
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