News

Metinvest B.V., the parent company of an international vertically integrated group of steel and mining companies (jointly referred to as “Metinvest” or “the Group”), announces its operational results for the first quarter ended 31 March 2022.

Since February 24, Metinvest Group has largely restructured its work. According to the decision of the shareholders Vadym Novynskyi and Rinat Akhmetov, in addition to supporting the economic stability of Ukraine, the company has made every effort to help Ukraine and Ukrainians.

We continue our digests of assistance of businesses of Smart Holding and Vadym Novynsky Foundation provided to city and regional administrations throughout Ukraine, to hospitals and volunteer organizations, territorial defense and the Armed Forces of Ukraine.

The businesses of Smart Holding group and Vadym Novynskyi Foundation continue to help Zaporizhia community. 5 million hryvnias has been sent for humanitarian needs.

Zaporizhstal Iron & Steel Works has restarted pig iron smelting after partial conservation.

Smart Urban Solutions, which represents the development division of Smart Holding, claims a loss of control over shopping malls located in the occupied territories and in the war zone.

Vadym Novynskyi Charitable Foundation has purchased a batch of equipped ambulances in the European Union.

Rinat Akhmetov and Vadym Novynskyi’s Metinvest Group has decided to resume the operations of some of Zaporizhstal's shops that have been in hot conservation mode.

At the request of the head of Kryvyi Rih Military Administration Oleksandr Vilkul, Vadym Novynsky Charitable Foundation provided financial assistance in the amount of UAH 17.5 million to provide for a stable life in Kryvyi Rih under martial law.

Metinvest Group of Rinat Akhmetov and Vadym Novynskyi decided to partially withdraw from the conservation regime the production units of the Zaporozhogneupor plant and resume the operation of service centers in Zaporizhia and Kryvyi Rih.