15 September 2011 // Press Center PJSC "Azovstal Iron & Steel Works"
Metinvest, a vertically integrated mining and steel group of companies, provided 1,2 million UAH in September for the development of Mariupol as part of the bilateral agreement on social and economic cooperation for 2011 between Azovstal Iron & Steel Works and Mariupol City Council. Year to date, the assistance to the city under the agreement totally amounted to 3,9 million UAH.
In September 2011 500 thousand UAH was provided to city multi-field hospital № 4 for refurbishment of X-ray department, day patient department, surgery block heating system repair. Year to date, the total Azovstal's investments in the material support of city hospital № 4 amounted to 1,4 million UAH. Major repair of the clinical laboratory, surgery block and X-ray department has been done for the provided funds.
Also, in September 700 thousand UAH was provided for landscaping, development and support of Ordzhonikidze district. These funds will be used for the repair of the district's public housing stock. Earlier, in August 2011, Azovstal provided over 180 thousand UAH for construction of eight new playgrounds for children in Ordzhonikidze district.
"For our plant, as well as for all Metinvest Group plants, it is essential to conduct an open constructive dialog that facilitates channeling of resources for solving the most vital issues in the regions of presence. This is why we take an active part in implementation of the city's target social programs intended for the development of the city infrastructure, support of health care and educational spheres, care for the younger generation of Mariupol", said Enver Tskitishvilty, General Director of PJSC "AZOVSTAL IRON & STEEL WORKS".
- Editorial notice
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PJSC "Azovstal Iron & Steel Works" is a modern high-tech enterprise manufacturing a wide range of steel products: slabs, bars, shapes, railway rails, rail fasteners, square billets, plates and products of metallurgical slag.
Production facilities of the enterprise allow producing over 5.5 mln. t of iron per year, over 6.2 mln. t of steel per year (with the purpose of reaching 7 mln. t of steel per year), and more than 4.4 mln. t of rolled products. Design capacities for rail fasteners production are 285 thousand t per year, milling balls - 170 thousand t per year.Metinvest is a vertically integrated mining group of companies owning assets in each link of the production chain from iron ore and coal min-ing and coke production through to manufacture of semi-finished and finished steel products, pipe rolling and coils as well as other value-added products. Group consists of mining, iron and steel companies, located in Ukraine, Europe and USA and has a sale network covering all key world markets. The major shareholders of Metinvest are SCM Group (71,25 % ownership) and Smart-Holding (23,75 % ownership) partnering in Company’s management.
METINVEST HOLDING, LLC is the managing company of Metinvest Group.