Over the past three years, ArcelorMittal Corporation has provided $1 billion in aid to its Kryvyi Rih mining and metallurgical plant, ArcelorMittal Kryvyi Rih (AMKR, Dnipro region), Mauro Longobardo, CEO of AMKR, said.
According to him, ArcelorMittal Kryvyi Rih’s total charitable assistance since the beginning of the war has amounted to over UAH 710 million.
“Our main task in 2024 was to work despite all the challenges to be able to pay taxes and help communities. We were able to achieve this, in particular, thanks to the support of the parent company. Over the past three years, the group has supported us with more than $1 billion, of which capital investments amounted to $0.3 billion,” the CEO said, as quoted by the press service.
He added that as one of the largest taxpayers, we understand that these funds are used for the country’s defense and to bring the Victory closer.
“But we also understand our responsibility to the city, surrounding communities and our employees. Despite the unprofitable financial results, we did a lot of work to reintegrate veterans who returned to us after serving in the Armed Forces, helped the families of our fallen colleagues, employees affected by enemy attacks, and assisted in the restoration of infrastructure facilities in various communities. We will continue to do everything we can to ensure that Ukraine wins and starts rebuilding,” the CEO emphasized.
According to the press release, in 2024, AMKR allocated more than UAH 60 million to support communities and provide charitable assistance to war-affected people. In 2024, the main areas of the company’s social and charitable activities were to help local communities and war victims. The company focused its efforts on reducing internal costs and optimizing resource consumption, but despite the difficult financial situation, it provided assistance to healthcare and education institutions in Kryvyi Rih and the region.
A significant part of the company’s social assistance is to help the families of employees who died and employees whose homes were destroyed or damaged by hostile shelling: UAH 35.55 million in payments to the families of the deceased, UAH 6 million 406.3 thousand in assistance to the victims of shelling. The company allocated UAH 3.4 million to repair the neurological department of the Kryvyi Rih Central District Hospital of the Novopil Village Council.
More than UAH 1.8 million was allocated to the city’s educational institutions. The main projects include repairing the roof of the Kryvyi Rih Metallurgical Vocational College, manufacturing and installing a fence to equip the educational building No. 3 of the Kryvyi Rih College, and helping to repair classrooms and workshops for three Kryvyi Rih educational institutions: Kryvyi Rih Metallurgy and Machine Building Education Center, Kryvyi Rih Professional Mining and Metallurgical Lyceum and Transport and Metallurgical Lyceum.
In 2024, AMKR continued to provide assistance to communities, allocating about UAH 1 million for their development. The company allocated slag and crushed stone for road filling and repair to restore the infrastructure of districts and rural communities (Metallurgical District Council in the city, Kamyanka village in Kryvyi Rih district to fill the dam, Lozuvata and Sofiyivka communities).
AMKR helped to repair the water supply system in Stepove village of the Grechanopodiv community and provided slag for road repairs in Kherson region. The company also manufactured and installed a monument to the fallen defenders in Arkhangelske village, Beryslav district, Kherson region.
In addition, the company provided 100,000 tons of blast furnace slag to the State Border Guard Service of Ukraine to improve departmental border roads. AMKR also provided assistance in other areas, mostly aimed at working with veterans of the plant and the city and their reintegration into society. The main types of assistance included: helping the Veteran service office to set up a newly created veteran hub; assisting in organizing the charity concert “With Faith in Victory”; organizing a field trip for children with special needs to Kamyanets-Podilsky; and helping the Veterans Union NGO.
In 2024, with the support of Korn Ferry, the company also developed and implemented the project “Return of Veterans to Civilian Life,” which includes the organization of a coordination center for veterans on the basis of the Single Window, the creation of inclusive workplaces with individual work with each veteran, rehabilitation programs for veterans on the basis of the company’s medical center and health insurance, priority provision of vouchers to mobilized and demobilized employees, and preferential meals in the canteens of the AMKR.
“ArcelorMittal Kryvyi Rih is the largest rolled steel producer in Ukraine. It specializes in long products, including rebar and wire rod.
ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Berislav.
