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Metinvest Opened State-of-the-Art Lecture Room for Future Environmental Specialists

15 September 2014

In the framework of Social Partnership Program PJSC "AZOVSTAL IRON & STEEL WORKS" (Metinvest Group) arranged an environment and occupational safety lecture room for students of Priazovsky State Technical University.

The lecture room, where future specialists of environmental management and occupational safety will gain the necessary knowledge, is furnished with interactive whiteboard and digital projector. Modern desks for students and chair with platform for teachers made the interior more academic. Cost of the project amounted to 320 thousand UAH.

At the opening ceremony, CEOs of PJSC "AZOVSTAL IRON & STEEL WORKS" and PJSC "ILYICH IRON & STEEL WORKS OF MARIUPOL" wished academic success to the students and noted that metallurgists would continue to develop material base of the university-partner.

Enver Tskitishvili, Director General of PJSC "AZOVSTAL IRON & STEEL WORKS":

- PJSC "AZOVSTAL IRON & STEEL WORKS" and PJSC "ILYICH IRON & STEEL WORKS OF MARIUPOL" (Metinvest Group) take their commitment to select seriously the specialists who plan to work at our enterprises. In the days of high technology and relentless competition, we are searching for highly qualified professionals who are able to work not only on modern equipment, but will have an understanding of development trends in the industry. We use our best endeavours to ensure training of future metallurgists, power engineers, transport and environmental specialists in accordance with up-to-date standards.

Yuri Zinchenko, Director General of PJSC "ILYICH IRON & STEEL WORKS OF MARIUPOL":

- Last year we launched a large-scale project at PJSC "ILYICH IRON & STEEL WORKS OF MARIUPOL" aimed at reconstruction of Sinter Plant that has no analogues in Ukraine. In the near future, almost the same large-scale modernization is expected at PJSC "AZOVSTAL IRON & STEEL WORKS". And therefore, in the coming years, we will need specialists of new level, who will be able to work on state-of-the-art high-tech equipment. For this purpose, we prepared this lecture room for students, in which they can receive the most advanced knowledge.

Vadim Boichenko, Director for Human Resources and Social Issues of PJSC "ILYICH IRON & STEEL WORKS OF MARIUPOL":

- I am pleased that such projects are being implemented in our city. Metinvest Group as a socially oriented company always extends special privilege to a solid relationship between production and higher education. Priazovsky State Technical University is a major source of manpower for Mariupol metallurgical plants, so we help to strengthen its training base. We are planning to arrange the same lecture rooms and further.

The lecturer room for environmental specialists will be opened soon in Mariupol State University.

For editors:

PJSC "AZOVSTAL IRON & STEEL WORKS" is a modern high-technology enterprise manufacturing wide range of steel products: slabs, bars, shapes, railway rails, rail fasteners, square billets, plates and products of metallurgical slag. Production capacities of the enterprise allow to produce annually over 5.5 million tons of iron, over 6.2 million tons of steel (aim is to achieve 7 million tons of steel per year) and over 4.4 million tons of rolled products. Design capacities for rail fasteners production is 285 thousand tons per year, grinding balls 170 thousand tons per year.

PJSC "ILYICH IRON AND STEEL WORKS OF MARIUPOL" is one of the largest integrated enterprises in Ukraine. The enterprise produces pipes and flat rolled products of carbon, low-alloy and alloy steels for different applications: hot-rolled plates and sheets intended for manufacturing of pipes for main pipelines, ships, pressure vessels, bridge structures, other steel structures for critical application; hot-rolled plates, sheets and strips including pickled; cold-rolled, including galvanized bands, sheets and strips, including for cold stamping, flooring and others.

Metinvest is a vertically integrated mining and metallurgical group of companies that manages assets in each segment of production chain, from extraction of iron ore raw materials and coal, as well as coke production up to manufacture of steel semi-finished and finished products, pipes and coils and also manufacture of other high-value-added products. The Group incorporates mining and metallurgical enterprises located in Ukraine, Europe and USA and has sales network covering all global key markets. Metinvest Group incorporates Metallurgical and Mining Divisions. According to the strategic vision of Group it is aimed to become the leading European vertically integrated steel manufacturer with sustained growth and profitability, despite the cyclical nature of markets, and provide investment yield above the industry standards. For the first quarter of 2014, ending on 31 March 2014, the Group received a US $ 2.9 billion in revenue, EBITDA profitability was 30%.

The key shareholders of METINVEST B.V. (Holding Company of Metinvest Group) are SCM Group (71.25%) and Smart Holding (23.75%) that take part in the Group administration on a partnership basis.

"METINVEST HOLDING" LLC is the managing company of Metinvest Group.

Additional information is available at site: www.metinvestholding.com