Metinvest

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Metinvest
Type Private corporation (subsidiary of SCM Group)
Industry mining and metals
Founded June 6, 2006 (2006-06-06)
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
Net income $437 million
Owner(s) SCM Holdings 71.25%
Smart Group 23.75%
Parent Metinvest B.V.
Divisions Mining division, Metallurgical division
Subsidiaries ~25 companies (see article)
Website www.metinvestholding.com/en

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[edit]

It controls 50% of the iron ore market, 46% of the baking coal market and 40% of the metal products market.[4]

Management[edit]

The major shareholders of Metinvest Group are SCM Holdings, controlled by Rinat Akhmetov, (75%), Smart Holding Group (23.75%[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[edit]

Mining

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:

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[edit]

References[edit]

  1. ^ http://www.metinvestholding.com/en/about/history
  2. ^ a b c http://www.scm.com.ua/en/media-centre/press-kit/fact-lists/metinvest/
  3. ^ "History of Metinvest". Steelonthenet.com. Retrieved 2012-10-28. 
  4. ^ Colossi With Feet of Clay, The Ukrainian Week (22 February 2013)
  5. ^ Novinsky wins by-election to Rada in Sevastopol, according to CEC, Interfax-Ukraine (8 July 2013)
  6. ^ http://www.metinvestholding.com/en/about/managment
  7. ^ "МЕТИНВЕСТ :: Ингулецкий ГОК". Ingok.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011. 
  8. ^ http://www.upe.ua/en/customers/client1139
  9. ^ http://www.frontiersinsight.com/company_page.php?company=4686
  10. ^ ОАО «Краснодонуголь». "ПАО "Краснодонуголь"". Krasnodoncoal.com. Retrieved 18 October 2011. 
  11. ^ "МЕТИНВЕСТ :: Металлургический комбинат "Азовсталь"". Azovstal.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011. 
  12. ^ "AZOVSTAL (AZST:Ukraine): Stock Quote & Company Profile – BusinessWeek". Investing.businessweek.com. Retrieved 18 October 2011. 
  13. ^ http://media.ft.com/cms/daf1d3e4-7f30-11dd-a3da-000077b07658.pdf
  14. ^ 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. 
  15. ^ "METINVEST :: Yenakiieve Iron and Steel Works". Emz.metinvestholding.com. Retrieved 18 October 2011. 
  16. ^ "Metinvest :: Khartsyzsk Pipe Plant". Pipe.metinvestholding.com. Retrieved 18 October 2011. 
  17. ^ "Frontier market companies profiles, company related news, reports, analysis and related data". Frontiersinsight.com. 29 September 2011. Retrieved 18 October 2011. 
  18. ^ [1]
  19. ^ "Promet Steel JSC". LinkedIn. Retrieved 18 October 2011. 
  20. ^ http://valsider.metinvestholding.com/en][dead link]
  21. ^ "METINVEST :: Metinvest Trametal SpA". Trametal.it. 6 November 2005. Retrieved 18 October 2011. 
  22. ^ http://www.spartanuk.co.uk/
  23. ^ "МЕТИНВЕСТ :: Авдеевский коксохимический завод". Akhz.metinvestholding.com. 6 November 2005. Retrieved 18 October 2011. 
  24. ^ "Metinvest Holding LLC: Private Company Information – BusinessWeek". Investing.businessweek.com. Retrieved 18 October 2011. 
  25. ^ "Skif Shipping Ltd". Skif-shipping.dn.ua. Retrieved 18 October 2011. 
  26. ^ Metinvest International SA. "Metinvest International SA. Metinvest global steel sales. Company. Company overview". Metinvest-international.com. Retrieved 18 October 2011. 
  27. ^ http://www.linkedin.com/company/promet-steel-jsc
  28. ^ http://www.mining-journal.com/company-news/metinvest

External links[edit]