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war in Ukraine - Latest news GMK Center

Photo – Metinvest suspends part of its coal-fired capacity due to safety concerns
Metinvest suspends part of its coal-fired capacity due to safety concerns

Due to the approach of the front line and the threat of shelling, the group evacuated personnel from the mine in Pishchane

Photo – Security guarantees are vital for rebuilding Ukraine’s economy – Metinvest CEO
Security guarantees are vital for rebuilding Ukraine’s economy – Metinvest CEO

There is currently considerable uncertainty about Trump's plans to end the war

Photo – DTEK to receive €106.6 million in aid from the US and the European Commission
DTEK to receive €106.6 million in aid from the US and the European Commission

The funds will be directed to the restoration of destroyed capacities and winterization of power plants

Photo – Ukrainian economy was 10.5% below the level of 2021 in 2023
Ukrainian economy was 10.5% below the level of 2021 in 2023

Ukraine needs systemic support for basic industries to recover at least to pre-war levels

Photo – Metinvest has allocated UAH 8 billion to help Ukraine since the beginning of the war
Metinvest has allocated UAH 8 billion to help Ukraine since the beginning of the war

Of this amount, UAH 4.4 billion was allocated for the needs of the army as part of the Steel Front military initiative

Photo – Increased mobilization increases staff shortages at ArcelorMittal Kryvyi Rih
Increased mobilization increases staff shortages at ArcelorMittal Kryvyi Rih

As of today, more than 3 thousand employees of the company have already been mobilized to the Armed Forces of Ukraine

Photo – The reservation system needs urgent improvement
The reservation system needs urgent improvement

If no changes are made to the reservation mechanism, the situation for steel industry will worsen and negatively affect the entire economy

Photo – The reservation policy should be transparent, stable and balanced
The reservation policy should be transparent, stable and balanced

It is likely that the audit results will result in changes to the salary criterion for which discriminatory features have been identified

Photo – Businesses need a predictable reservation policy
Businesses need a predictable reservation policy

Extension of the reservations suspension may lead to the fact that the business will not be able to maintain even the current level of production

Photo – Businesses offer to extend existing bookings for the audit period – EBA
Businesses offer to extend existing bookings for the audit period – EBA

Ukrainian companies are also worried about the lack of official communication

Photo – Businesses are concerned about the lack of communication regarding bookings
Businesses are concerned about the lack of communication regarding bookings

The Ministry of Defense has initiated an audit of critical enterprises, the companies point to the destabilization of work

Photo – Businesses need a predictable booking mechanism – EBA
Businesses need a predictable booking mechanism – EBA

Currently, companies are actually deprived of the possibility of personnel planning, the association notes

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