SCM Holdings

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System Capital Management or SCM (Ukrainian: Систем Кепітал Менеджмент) is a big Ukrainian financial and industrial holding company with the headquarter based in Donetsk in the east of the country. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 90% of the company shares. According to recently published figures the group has revenues of over $6 billion and has assets worth over $11 billion.

SCM was set up in 2000 and now includes over 90 businesses in metals and mining, power generation, banking and insurance, telecommunications, media and real estates as well as in some other spheres. The biggest company in the SCM Group is Metinvest, which is a mining and steel business and is generally agreed to be Ukraine’s largest private business and is one of the bigger steel businesses in Europe. It is also the largest Ukrainian producer of iron ore. Metinvest also has assets in Italy, UK, Bulgarian and Switzerland. The second company of the Group is DTEK which mines coal and owns and operates a number of power stations in Eastern Ukraine. SCM also owns two large banks and an insurance company. In telecommunications, SCM has a fixed line business, Farlep-Optima and a big share in mobile operator, Life:). The Group’s media interests include the newspaper Segodnya and the TV station TRKUkraina. The group is also in the real estate business and owns two five star hotels - one in Kyiv and one in Donetsk.

Metinvest Holding
- Krasnodonugol Coal Company
- Severniy Iron Ore Mining and Processing Works
- Central Iron Ore Mining and Processing Works
- Ingulets Iron Ore Mining and Processing Works
- Avdeyevka Coking and Chemical Plant
- Azovstal Steel Works
- Yenakievo Steel Works
- Khartsizsk Pipe Works
- Metinvest International (Switzerland)
- Ferriera Valsider (Italy)
DTEK
- Pavlogradugol Coal Company
- Komsomolets Donbassa Mine
- Vostokenergo Power Generation Company
Financial Business
- First Ukrainian International Bank
- Dongorbank
- ASKA Insurance Company
Telecommunications
- Farlep-Invest Telecommunications
- Astelit Mobile Communications
Sarmat Brewing Group
TRK Ukraina Broadcasting Company
Segodnya-Multimedia Publishing Group
Donbass Palace Hotel (Donetsk)
Opera Hotel (Kiev)

The business and Rinat Akhmetov are possibly best known for being the owners of the Ukrainian Shakhtar Donetsk Football Club, which plays regularly in European competitions.

The company declares its plans to become an international business and is expanding into Europe and recently raised $545 million to help fund future expansion [[1]]. The group has announced plans to invest $6 billion over the next 4 years.