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AZOVSTAL IRON & STEEL WORKS
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Azovstal increased financing for working environment improvement programme

28 January 2014

PJSC "AZOVSTAL IRON & STEEL WORKS" of Metinvest Group is going to increase expenditures for repair of sanitary facilities and amenities by 46% up to UAH 6 841 thousand in 2014. Repair works will be carried out at seven subdivisions, and improvement of working conditions will affect 2,6 thousand Azovstal employees.

Currently, amenity rooms are being repaired at Scrap Processing Section of BOF Shop, sanitary facilities are being renovated at Rail & Structural Steel Mill. This year the working environment improvement programme will involve Metallurgical Equipment Repair Shop, Thermal Power Plant, Coke Shop, Heavy Section Mill and Plate Mill.

In the year 2013 over 2 thousand steelworkers had the opportunity to use the results of the working environment improvement programme. Renovation works have been performed in amenity rooms of Heavy Section Mill and Coke Shop, in shower rooms of Central Chemical Laboratory, in water closets of Heavy Section Mill, Rail & Structural Steel Mill, Coke Shop, Plate Mill, Thermal Power Plant, Recovery Shop and Rail Fasteners Shop. Modern comfortable shower rooms were provided last year to four other structural subdivisions: BOF Shop, Plate Mill, Rail & Structural Steel Mill and Heavy Section Mill.

"We are working hard to provide sufficient level of working environment for Azovstal employees. Last year the enterprise doubled the financing of sanitary facilities and amenities. Cost growth trend in this regard will be kept in 2014, and the working environment improvement will be intensified”, – mentioned Director General of PJSC "AZOVSTAL IRON & STEEL WORKS" Enver Tskitishvili.

For editors:

PJSC “AZOVSTAL IRON & STEEL WORKS” is an up-to-date high-technology enterprise which produces a wide range of steel products such as: slabs, sections and shapes, rails, rail fastenings, square billets, heavy plates, and smelter slag products. 

Production capacity of the Enterprise makes it possible to manufacture annually over 5,5 million tons of pig iron, over 6,2 million tons of steel (the target is to achieve 7 million tons of steel per year), over 4,4 million tons of rolled products. Design capacity of rail fastenings manufacture is 285 thousand tons per year and that of steel milling balls manufacture is 170 thousand tons per year.

Metinvest is a vertically integrated mining group of companies, operating the assets in each sector of the production cycle beginning with iron ore and coal mining and coke production up to the manufacture of steel semi-products and finished products, pipes and coils as well as production of other products with high value added. The Group consists of mining and steel works situated in Ukraine, Europe, and the USA and has a chain of sales covering the key world markets. The chief stockholders of Metinvest are SKM Group (71,25%) and Smart-Holding (23,75%) which jointly run the Company.

METINVEST HOLDING LLC – the holding company of the Metinvest Group