Metinvest
Private corporation (subsidiary of SCM Group) | |
Industry | mining and metals |
Founded | June 6, 2006 |
Headquarters | Donetsk, Ukraine |
Key people |
Yuriy Ryzhenkov (CEO) Sergey Novikov (CFO) Dmitriy Nikolayenko (Sales director) Igor Kirilyuk (CCO) |
Products | iron ore concentrate and pellets, steel plate, HRC, CRC, long products, track materials, tubular products |
Revenue | $9358 million |
$437 million | |
Owner |
SCM Holdings 71.25% Smart Group 23.75% |
Parent | Metinvest B.V. |
Divisions | Mining division, Metallurgical division |
Subsidiaries | ~25 companies (see article) |
Website |
www |
Metinvest is a Ukraine-based holding company of mining and steel assets. It was established on 6 June 2006 by the SCM Holdings[1][2][3] and is owned by Rinat Akhmetov.
Domestic market share
It controls 50% of the iron ore market, 46% of the baking coal market and 40% of the metal products market.[4]
Management
The major shareholders of Metinvest Group are SCM Holdings, controlled by Rinat Akhmetov, (71,24%), Smart Holding Group (23.76%[5]) and Clarandale Limited (5%).[2] Starting from 2013 Yuriy Ryzhenkov has been Metinvest's General Director and Chief Executive Officer, Chairman of Executive Committee.[6]
Structure
Mining
- Northern GOK
- Central GOK
- Ingulets GOK[7][8][9]
- Krasnodonvugillya[10]
- United Coal Company
- Komsomolske flux and mining company
Steel-making
- Azovstal Steel Plant[11][12][13]
- Ilyich Iron and Steel Works
- Yenakiyevo Steel Plant[14][15]
- Khartsyzsk Pipe Plant[16][17]
- Promet Steel AD[18][19]
- Ferriera Valsider [20]
- Metinvest Trametal[21]
- Spartan UK [22]
- Avdiivka Coke and Chemicals Plant[23]
- Inkor Chemicals
- Metinvest-Resource[24]
- Prometey
Logistics
- Skif Shipping[25]
- Metinvest International S.A.[26]
- Danube Shipping Stevedoring Company
- Metinvest Eurasia
- Metinvest-Ukraine
- Metinvest SMC
Metinvest comprises 24 assets, located in Ukraine, Europe, the USA:
- Azov Iron and Steel Works (Azovstal)
- Ilyich Steel & Iron Works
- Yenakiieve Iron and Steel Works
- Khartsyzsk pipe plant
- Promet Steel, Bulgaria [27]
- Ferriera Valsider SpA
- Metinvest Trametal
- Spartan UK
- Metinvest Shipping, LLC (formerly "Skif-Shipping LLC")
- METINVEST-RESOURCE, LLC
- Metinvest International SA
- Metinvest-Ukraine, LLC
- Metinvest-SMC, LLC (Service Metal Centres)
- Metinvest-Eurasia, LLC
- Avdiivka Coke Plant
- Krasnodon Coal
- United Coal
- Inkor Chemicals
- Ingulets GOK
- Northern Iron Ore Enrichment Works (Northern GOK)
- Central Iron Ore Enrichment Works (Central GOK)
- Komsomolskoye mining company
- Danube Shipping Stevedoring Company
Metinvest is managing each link of the production chain – iron ore and coal mining and coke production through to semi-finished and finished steel production; including the manufacturing of plate and coil, pipe rolling, shapes and bars and other value-added products.[28] Metinvest employs over 80,000 people.[2]
See Also
References
- ↑ http://www.metinvestholding.com/en/about/history
- ↑ 2.0 2.1 2.2 http://www.scm.com.ua/en/media-centre/press-kit/fact-lists/metinvest/
- ↑ "History of Metinvest". Steelonthenet.com. Retrieved 2012-10-28.
- ↑ Colossi With Feet of Clay, The Ukrainian Week (22 February 2013)
- ↑ Novinsky wins by-election to Rada in Sevastopol, according to CEC, Interfax-Ukraine (8 July 2013)
- ↑ http://www.metinvestholding.com/en/about/managment
- ↑ "МЕТИНВЕСТ :: Ингулецкий ГОК". Ingok.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011.
- ↑ http://www.upe.ua/en/customers/client1139
- ↑ http://www.frontiersinsight.com/company_page.php?company=4686
- ↑ ОАО «Краснодонуголь». "ПАО "Краснодонуголь"". Krasnodoncoal.com. Retrieved 18 October 2011.
- ↑ "МЕТИНВЕСТ :: Металлургический комбинат "Азовсталь"". Azovstal.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011.
- ↑ "AZOVSTAL (AZST:Ukraine): Stock Quote & Company Profile – BusinessWeek". Investing.businessweek.com. Retrieved 18 October 2011.
- ↑ http://media.ft.com/cms/daf1d3e4-7f30-11dd-a3da-000077b07658.pdf
- ↑ Metinvest International SA (6 February 2009). "Metinvest International SA. Metinvest global steel sales. Press centre. News . Yenakiieve Steel Introduces New Steel Grades". Metinvest-international.com. Retrieved 18 October 2011.
- ↑ "METINVEST :: Yenakiieve Iron and Steel Works". Emz.metinvestholding.com. Retrieved 18 October 2011.
- ↑ "Metinvest :: Khartsyzsk Pipe Plant". Pipe.metinvestholding.com. Retrieved 18 October 2011.
- ↑ "Frontier market companies profiles, company related news, reports, analysis and related data". Frontiersinsight.com. 29 September 2011. Retrieved 18 October 2011.
- ↑
- ↑ "Promet Steel JSC". LinkedIn. Retrieved 18 October 2011.
- ↑ http://valsider.metinvestholding.com/en]
- ↑ "METINVEST :: Metinvest Trametal SpA". Trametal.it. 6 November 2005. Retrieved 18 October 2011.
- ↑ http://www.spartanuk.co.uk/
- ↑ "МЕТИНВЕСТ :: Авдеевский коксохимический завод". Akhz.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011.
- ↑ "Metinvest Holding LLC: Private Company Information – BusinessWeek". Investing.businessweek.com. Retrieved 18 October 2011.
- ↑ "Skif Shipping Ltd". Skif-shipping.dn.ua. Retrieved 18 October 2011.
- ↑ Metinvest International SA. "Metinvest International SA. Metinvest global steel sales. Company. Company overview". Metinvest-international.com. Retrieved 18 October 2011.
- ↑ http://www.linkedin.com/company/promet-steel-jsc
- ↑ http://www.mining-journal.com/company-news/metinvest