Business news from Ukraine

Business news from Ukraine

“Metinvest” donated optics and equipment for 10 mln UAH to National Guard of Ukraine

13 May , 2023  

Metinvest Mining and Metallurgical Group, within the framework of Rinat Akhmetov’s Steel Front military initiative, transferred optics and equipment for 10 million UAH to the National Guard of Ukraine.
According to the company, heavy and dangerous battles continue along the frontline – in order to increase the efficiency of offensive operations and reduce losses of Ukrainian defenders, Metinvest transferred a large batch of optics and equipment worth 10 million UAH.
It is specified that the assistance within the framework of Rinat Akhmetov’s Steel Front militarized initiative was once again received by the unit of the Offensive Guards of the National Guard of Ukraine. Now the soldiers have a number of useful equipment at their disposal: 20 night vision devices, 7 rangefinders, 30 collimator holographic sights and magnifiers for them, 10 binoculars Schteiner, 7 quadcopters DJI MAVIC 3T and FMC, as well as tablets and a laptop. And to increase the mobility of fighters to the front will go be a bus and a pickup truck.
The press service emphasizes that all the devices received are high-tech and of high quality. According to the soldiers, they will help to perform special combat tasks more effectively and with fewer losses.
“With the help of the new rangefinders, we can determine the distance to the targets very accurately at a distance of up to 2 km. And accordingly, we can plan our actions more effectively, and adjust fire to hit all units. So this is a very necessary equipment for us! Most of the enemy have no such devices, they are far behind – both in tactics and in technical equipment. So having these things in service is a great advantage for us. With equipment from the Steel Front, we will destroy the enemy even more effectively, leaving no chance. This is exactly the kind of equipment our troops need to win,” explains the company deputy chairman of one of the offensive units, call sign Leo, who is quoted by the press service.
Despite the fact that this equipment is quite scarce on the market, Metinvest is doing its best to provide the troops with everything they need.
“The night vision devices that we transfer are full-featured devices that meet NATO military standards. Supply of such highly professional military equipment requires approval of documents of permissive nature for movement across the border, control over logistics and transfer itself. We assess the needs and quality of equipment more and more thoroughly with each new request from the military. We are trying to meet specific requirements of defenders, where, due to complexity of centralized supplies, assistance is needed the most”, – comments Alexander Kul, Senior Manager of Mergers and Acquisitions Department of Project Office of Metinvest Group.
Earlier Metinvest delivered a batch of equipment worth UAH 2.3 million to the Donetsk direction. The defenders received six drones, Starlink complex, two EcoFlow batteries, three radios, five night vision devices, as well as gas masks. In total, since the beginning of the full-scale war within the framework of Rinat Akhmetov’s Steel Front militarized initiative, the company has allocated more than UAH 1.6 billion to help the Ukrainian army.
“Metinvest” is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Lugansk, Zaporozhye and Dnepropetrovsk regions, as well as in European countries.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that manage it jointly.
Metinvest Holding LLC is the management company of Metinvest group.

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