Smart-Holding’s Announcement Regarding Amstor Group


Smart-Holding, as the primary shareholder of Amstor Group, has audited the operations of the group’s enterprises and found out that lately the minority shareholder Vladimir Vagorovskiy, who was the managing partner at Amstor Group, using the difficult situation in Eastern Ukraine, committed a number of unlawful acts in violation of Ukrainian laws. Mr. Vagorovskiy’s actions constituted an outrageous infringement on the other shareholders’ rights and were intended for his personal gain.

Smart Maritime Group to Build Two Towing Vessel Hulls for Kirgan Holding


Smart Maritime Group (Kiev) and Kirgan Holding S.A. signed a contract for construction of two hulls of ship-towing tugs (T 2440 design) at the facilities of Kherson Shipyard (KhS).

Trading Update for the Nine Months of 2014


In 9M 2014, Metinvest’s consolidated revenues decreased by 14% (or US$1,348 million) y-o-y. This was primarily due to a fall in sales of steel (US$805 million), iron ore (US$419 million), coal (US$90 million) and coke products (US$101 million), partly offset by an increase in sales of pig iron (US$145 million). The Metallurgical division accounted for 78% of external sales (76% in 9M 2013) and the Mining division for 22% (24% in 9M 2013).

Metinvest Announces Financial Results for the First Six Months of 2014


Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies (jointly referred to as “Metinvest” or “the Group”), announced its unaudited IFRS interim condensed consolidated financial statements for the first six months ended 30 June 2014.

UAH 9.8 Million in Salaries Paid to ChSY Employees


The administration of Chernomorsky Shipbuilding Yard (Nikolaev, Smart-Holding) fully paid off its payroll debt for the previous periods to the shipyard's employees to the amount of UAH 9.8 million. The shareholder of Smart-Holding Vadim Novinsky made a critical decision to allocate the funds for full repayment of the company's payroll debt.

ChSY to Supply Equipment to Sinter Plant of Ilyich Iron and Steel Works


Chernomorsky Shipbuilding Yard (Smart-Holding, Nikolaev) shall supply the specialized equipment to Ilyich Iron and Steel Works in Mariupol (Metinvest Group) to be used in the sinter plant retrofit and upgrade project. 

Metinvest Group increases tax payments significantly


Metinvest Group, Ukraine’s largest taxpayer, increased tax payments by 73% in August despite the hostilities in Donbass.

Vin-Pellet is Ukraine’s 2013 Best Industrial Facility


Vin-Pellet biofuel pellet plant won the competition Best Buildings and Facilities Constructed in Ukraine in 2013 in the Industrial Enterprises and Production Facilities nomination.