Business news from Ukraine

Business news from Ukraine

Metinvest Sichstal increased its net loss by 9.4% in first quarter

2 June , 2026  

Metinvest Sichstal LLC (MSS, Zaporizhzhia) increased its net loss by 9.4% in January–March of this year compared to the same period last year—to UAH 10.209 million from UAH 9.333 million.

According to the company’s interim report, available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period rose by 39.3%—to UAH 250.413 million from UAH 179.806 million.

The accumulated deficit as of the end of March stood at UAH 114.010 million.

Key projects and plans for 2026: The LLC will continue to implement Metinvest Group’s strategic projects; the company also plans to actively participate in the development of design and cost estimates for the Group’s projects, as well as in the development of measures for the physical protection of facilities and the enhancement of business resilience.

In 2025, the company quadrupled its net loss compared to 2024—to UAH 59.506 million from UAH 15.075 million—while revenue from ordinary activities for this period increased 2.4-fold, to UAH 1,585.117 million from UAH 653.099 million.

The LLC ended 2023 with a loss of UAH 7.764 million.

Metinvest Sichstal LLC is a company within the Metinvest Group established in 2019 to implement highly complex strategic investment projects. The number of full-time employees as of the end of 2025 was 270.

MSS is one of the largest design organizations in Ukraine, capable of implementing large-scale projects from the conceptual design phase through to the commissioning of the facility. The company’s goal is to implement key projects within the technological strategy of Metinvest Group enterprises. MSS provides an integrated process from investment concept, engineering, and design to procurement, construction, and commissioning.

Metinvest B.V. (Netherlands) is wholly owned by Metinvest Sichstal LLC

The LLC’s authorized capital is UAH 30.405 million.

Metinvest Sichstal LLC is part of the Metinvest Group, whose main shareholders are PJSC System Capital Management (SCM, Donetsk) (71.24%) and the Smart-Holding group of companies (23.76%). The management company of the Metinvest Group is Metinvest Holding LLC.

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