Metinvest has allocated UAH 9.3 billion to support Ukraine since the beginning of the war

Over the three years of full-scale war, Metinvest Group has allocated UAH 9.28 billion to support Ukraine. Of this amount, UAH 4.9 billion was allocated to the army as part of the Steel Front initiative. This is stated in the company’s press release.

Despite the loss of its assets in Mariupol and Avdiivka, the company remains Ukraine’s largest exporter and continues to invest in modernization, energy independence and employee safety.

Metinvest has produced more than 150,000 bulletproof vests, 25,000 helmets, 758 “hiding places,” 225 buggies, and 300 protective screens for military equipment. The company has provided the Armed Forces with thousands of drones, optical devices, communications equipment, and vehicles. The first steel underground hospital in Ukraine was built. In general, the assistance to the army covers a wide range of services, from intelligence to backup power.

The company will allocate $550 thousand to support veterans in 2025. An adaptation ecosystem has been created, including training, employment, rehabilitation and family support. 10.5 thousand employees have served, of whom 1 thousand have already returned to work.

Metinvest remains the largest taxpayer in the mining and metals industry: UAH 19.8 billion in 2024 and another UAH 4.4 billion in the first quarter of 2025.

The Saving Lives humanitarian initiative, which has reached more than 500,000 Ukrainians, remains a separate area of focus. The company also actively supports education: Metinvest Polytechnic University was established, where more than 1,000 students, including veterans, are already enrolled.

As a reminder, in Q1 2025, Metinvest maintained stable steel production despite the challenges. In particular, steel production increased by 4% y/y – to 488 thousand tons and pig iron production by 8% y/y – to 436 thousand tons. Production of commercial steel products increased by 3% y/y – to 770 thousand tons.