The revenue of Metinvest B.V. (the Netherlands), the parent company of the Metinvest mining and metallurgical group, in February this year increased by 17.9%, or $ 185 million compared to the previous month, to $ 1.216 billion from $ 1.031 billion.
According to the published preliminary unaudited consolidated monthly results of the company’s financial statements, total EBITDA in February was $ 503 million, which is $ 125 million, or 33.1%, higher than in January ($ 378 million), while EBITDA from participation in joint venture amounted to $ 86 million (in January – $ 80 million).
According to the report, the adjusted EBITDA of the metallurgical division of the group for February 2021 amounted to “plus” $ 257 million (in January – “plus” $ 171 million), including $ 21 million from participation in joint venture ($ 13 million), while EBITDA of the mining division – $ 318 million ($ 234 million), including from joint venture – $ 65 million ($ 67 million). The management company spent $ 6 million ($ 7 million).
Total revenue in February consisted of $ 920 million ($ 789 million in January) from the metallurgical division, $ 426 million ($ 329 million) from the mining division, and $ 130 million from intra-group sales ($ 87 million).
The total debt of the company in February increased by $ 83 million compared to January, to $ 3.033 billion from $ 2.950 billion, while the volume of cash increased by $ 61 million, to $ 1.180 billion from $ 1.119 billion.
Funds used in investment activities amounted to $ 201 million, in financial activities – $ 90 million.
Metinvest in February received $ 58 million from the resale of square billets in the amount of 95,000 tonnes. In addition, $ 170 million was received from the resale of 258,000 tonnes of flat products, 47,000 tonnes of long rolled products brought $ 32 million, 89,000 tonnes of pig iron – $ 45 million
The main shareholders of Metinvest are SCM Group (71.24%) and Smart-Holding (23.76%), jointly managing the company.
Metinvest Holding LLC is the management company of Metinvest Group.
Vaccination centers were opened in Kyiv, Lviv and Odesa during May 29-30, where local residents can get vaccinated.
According to the press service of the Kyiv City State Administration, 3,467 people were vaccinated at the COVID-19 vaccination center created on the basis of the International Exhibition Center in the capital. In particular, 2,072 people received vaccinations on Sunday.
“Today the number of people wishing to get vaccinated was extremely large. For me, this is an evidence of the awareness and consciousness of people. Such a willingness to be vaccinated gives hope that with the availability of vaccines we will be able to overcome the pandemic in the country and in the world as a whole,” first deputy head of the Kyiv City State Administration Mykola Povoroznyk said.
As reported, the residents of Kyiv who registered in the Diia application were vaccinated with the CoronaVac vaccine. Some 16 teams worked at the Vaccination Center. The vaccination team included a registrar, a doctor and a nurse, who underwent special training.
“All conditions have been created here for a safe vaccination process, and an ambulance team is on duty to provide emergency medical assistance, if any,” the message says.
In Lviv, a vaccination center was created on the basis of the Lviv Arena, which will work next weekend.
According to head of the Lviv Regional State Administration Maksym Kozytsky, 1,041 local residents were vaccinated in two days.
“Lviv region is the leader in terms of vaccination rates, today almost 78,000 people were vaccinated and protected themselves from the coronavirus,” Kozytsky wrote on his Facebook page.
He reported that the entrance to the center is free. Also, if additional vaccine is available, the possibility of deploying such centers in other districts of the city will be considered, which will be announced additionally.
Another COVID-19 vaccination center was opened in Odesa on the territory of the stadium of the National University Odesa Law Academy, which will work from 0900 to 1700.
Minister of Education and Science Serhiy Shkarlet says that the construction of the Presidential University on the territory of the state Expocentre of Ukraine (VDNH, Kyiv) will cost UAH 7.2 billion in three years.
“Geographically, the location is 16 hectares at Expocentre of Ukraine […] In general, the development of the Presidential University together with the biocluster and the bioclinic is a logical completion of the spatial development of the Expocentre territory, so that students have an opportunity to use all infrastructure facilities at the same time,” he said on press conference during the All-Ukrainian forum “Ukraine 30. Education and Science” on Monday.
According to the presented concept, the territory of the University will occupy 16 hectares, the total building area – 25,800 square meters.
There will be 11 campuses on the territory of the institution, including: five specialized scientific campuses, an administrative building, an apart-hotel for students, an apart-hotel for teachers, a hospital, a diplomatic service and a building with offices of foreign companies.
The minister noted that the implementation of the concept over three years with the preparation of documentation, new construction, and the primary necessary equipment will cost UAH 7.2 billion.
The number of booked air tickets for the week increased by 32%, and the frequency of trips of Ukrainians to the place of work also increased by 16%, according to an Economic Recovery Tracker study conducted by the Centre for Economic Strategy (CES).
According to the center’s release on Friday, the week before the lockdown was introduced in mid-March 2020, the number of bookings was 35% lower.
“Now people go to work most often since the beginning of the pandemic. Attendance at jobs has increased by 16% in a week and is now the highest in the last year,” the CES said.
According to its data, visits to the mall and the use of transport increased by 6%. At the same time, the number of visitors to grocery stores and pharmacies increased by 4% and exceeds the indicator of the pre-quarantine period, the study said.
The number of purchased train tickets on RailwayBot has dropped by 11% over the past week, but is generally at a high level. In the same period last year, the railway began to open routes after the end of a strict lockdown in the country, the CES recalled.
The number of card payments through POS-terminals increased by 3.8% over the week.
“Transfers through Privat24 also began to increase by 7% during the last week and by 18.2% of the lowest mark when falling on the May holidays,” the report said.
Revenue of establishments in the last week increased by 13% and became more than in the middle of March 2020. Cafes and restaurants continue to open, increasing the total number of establishments by 10% per week.
In terms of open positions, their number has increased by 17% over the past week. The number of applicants for this period also increased by 7%. At the same time, during the last week, short-term room reservations decreased by 7%. Nevertheless, the number of booked apartments is kept at a high level and is now the same as in the same period in 2019, the Centre for Economic Strategy said.
For the study, the Centre for Economic Strategy uses data provided by PrivatBank and Privat24, as well as Google, Work.ua, Rabota.ua, Jooble, LUN, Ukrenergo, Dragon Capital, Opendatabot, Aviasales, RailwayBot, Poster, Booking.com, Airbnb, Transparent, Vrbo and Tripadvisor.
National bank of Ukraine’s official rates as of 31/05/21
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of May 31
Source: Central Bank
