Metinvest Group increases tax payments significantly
18.09.2014Metinvest 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
08.08.2014Vin-Pellet biofuel pellet plant won the competition Best Buildings and Facilities Constructed in Ukraine in 2013 in the Industrial Enterprises and Production Facilities nomination.
SCM and Smart-Holding announce completion of the merger of their metals and mining assets under Metinvest B.V.
14.07.2014The transaction between SCM and Smart-Holding on the merger of their metals and mining assets under jointly managed company Metinvest B.V. was closed on 14 July 2014. At the last stage of the transaction, Smart Group contributed 100% of the shares in Trosilia Holdings Limited (Cyprus) to the statutory capital of Metinvest B.V. Trosilia Holdings Limited indirectly owns 46.15% of the shares in PJSC Southern Iron Ore Enrichment Works.
Smart-Holding Cuts Off Funding to FC Sevastopol
27.06.2014Smart-Holding announces its decision to cut off funding to FC Sevastopol, as the Crimean club cannot participate in the 2014-2015 season of the Ukrainian Championship Premier League.
Metinvest announces financial results for the full year 2013
04.04.2014For the full year, consolidated revenues rose by 2% to US$12,807 million. Operating profit increased by 4% to US$1,026 million, giving an operating margin of 8%, while adjusted EBITDA rose by 15% to US$2,291 million, driving the EBITDA margin to 18%.