Business news from Ukraine

Metinvest hands over UAH 12 mln worth of vehicles and UAVs to border guards

19 November , 2023  

Metinvest Mining and Metallurgical Group has handed over another batch of vehicles and UAVs worth about UAH 12 million to the State Border Guard Service of Ukraine as part of Rinat Akhmetov’s Steel Front military initiative.

According to a press release on Friday, Metinvest handed over another batch of aid to support Ukraine’s border guards in their fight against the enemy.

It is specified that the next batch of aid to the military included ten Volkswagen vans and UAVs – five Valkyrie systems, each consisting of two aircraft, and five Mavic 3T quadcopters with a thermal imager.

“The Valkyrie is a complex that is now being heavily used by the State Border Guard Service units both during the day and at night to conduct reconnaissance and adjustments of units. Due to their technical characteristics, UAVs make it possible to operate in areas protected by enemy electronic means and to guide our artillery and assault units,” explained Dmitry Petrenko, a representative of the State Border Guard Service administration, as quoted by the press service.

As for the vehicles, Metinvest managed to find them in Germany. After the purchase, they underwent additional maintenance, all fluids and necessary spare parts were replaced.

“To date, we have handed over more than 50 four-wheel drive beads to the border guards, which are used to patrol large sections of the border. “This is also the fourth batch of Valkyries: in total, we have already handed over about 60 units. Each of these UAVs can cover 100 km, so we can say that border guards are using these “birds” to cover almost all of our borders. Metinvest’s Valkyries are also used in hot areas, such as Bakhmut,” said Oleksandr Vodovviz, Head of the Project Office of Metinvest CEO,

“In total, since the beginning of the full-scale war, Metinvest has allocated UAH 4.2 billion to support Ukraine and Ukrainians. Of this amount, over UAH 2 billion has been spent to help soldiers as part of Rinat Akhmetov’s Steel Front military initiative. The company has donated 150,000 bulletproof vests, 25,000 helmets and helmets, 80,000 anti-tank hedgehogs, 31,500 turnstiles, 1,500 drones, 2,000 thermal imagers, 500 vehicles and 300 special mobile phones.

“Metinvest is a vertically integrated group of steel and mining companies. The Group’s enterprises are located primarily in Donetsk, Luhansk, Zaporizhzhia and Dnipropetrovs’k regions. The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage it.

Metinvest Holding LLC is the management company of Metinvest Group.

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