Business news from Ukraine

Business news from Ukraine

“Kametstal” increased its net loss by 13.3 times in first quarter

21 May , 2026  

The ‘Kametstal’ plant, part of the “Metinvest” mining and metallurgical group and established at the facilities of the Dniprovsky Metallurgical Plant (DMP, Kamyanske, Dnipropetrovsk Oblast), increased its net loss by 13.3 times in January–March of this year compared to the same period last year—to UAH 1,421.376 million from UAH 107.083 million.

According to the company’s interim report, available to the Interfax-Ukraine agency, revenue from ordinary activities for this period rose by 17.7%—to UAH 17.356948 billion.

The uncovered loss as of the end of March amounted to UAH 2.150491 billion.

According to the annual report, the plant posted a net profit of UAH 961.340 million in 2025, whereas it ended 2024 with a net loss of UAH 237.705 million. Meanwhile, revenue from ordinary activities for the past year increased by 12.2% to UAH 58.780443 billion.

As reported, the plant ended 2024 with a loss of 237.705 million UAH, while in 2023 the loss amounted to 912.333 million UAH. The plant ended 2022 with a net loss of UAH 883.119 million, while in 2021 it posted a net profit of UAH 120.277 million.

“Kametstal” was established on the basis of PJSC “Dniprovsky Coke Chemical Plant” (DKHP) and the Central Metallurgical Plant of PJSC “Dniprovsky Metallurgical Plant” (DMP). The average number of full-time employees for the third quarter of 2025 was 7,226.

According to the National Bank of Ukraine’s data for the fourth quarter of 2025, Metinvest B.V. (Netherlands) owns 100% of the company’s shares.

The authorized capital of PJSC “Kametstal” is UAH 170.584 million.

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