Metinvest plans to invest $300 million in Ukraine: details of decisions.

Metinvest plans to invest $300 million in Ukraine: details of decisions
Metinvest plans to invest $300 million in Ukraine: details of decisions

According to ТСН: This company is referred to as the backbone of the Ukrainian economy. Despite the war and the loss of significant assets, Metinvest remains the largest holding in Ukraine.

Forbes Ukraine Ranking

In 2024, the 'entry ticket' cost to get into the ranking rose to 5.5 billion UAH in revenue. The top five include Metinvest, DTEK, ATB, Kernel, and Fozzy Group. Metinvest's revenue in 2024 amounted to 323.2 billion UAH, which is the highest figure among the private sector.

Loss of Assets and Retaining Employees

Despite significant asset losses, the company has stayed afloat. In 2022, Metinvest lost 'Azovstal' and Ilyich Steelworks in Mariupol. In January 2025, due to the proximity of the front, operations at the Pokrovsk Mine Management and the Svyato-Varvarinskaya Factory were suspended, resulting in a loss of 3.1 million tons of coking coal concentrate - a critical resource for Ukrainian metallurgy, as well as 40% of potential steel production and 66% of coking coal for the industry.

However, the company managed to retain its employees: about 6000 people are being retrained and transferred to other assets, such as 'Zaporizhstal', 'Kamensthal', and Kryvyi Rih Mining and Processing Plant.

Restoration of Investments

Despite the losses, the company plans to restore investments in Ukrainian assets. In 2025, Metinvest intends to direct about $300 million towards development. Key projects include a waste thickening plant at the Northern Mining and Processing Plant, gas generation, and major repairs of blast furnace No. 9 at 'Kamensthal'.

Taxes and Humanitarian Aid

Metinvest made it into the top ten list of the largest private taxpayers in Ukraine, paying over 70 billion UAH to budgets of various levels since the beginning of the war. The company also ranks among the largest investors in Ukraine, investing 12 billion annually in various projects. It has provided Ukraine with 9.7 billion UAH in assistance, of which 5.2 billion UAH was for supporting the Armed Forces within the 'Steel Front' initiative.

Thus, Metinvest demonstrates resilience and readiness for recovery, continuing to invest in the Ukrainian economy even under difficult conditions. Its social responsibility and support for the military also emphasize the important role of the company in the country's modern life.


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