Metinvest Machinery LLC (formerly the Zaporizhzhia Foundry and Mechanical Plant, ZLMZ) saw its net loss increase 11.3-fold in January–September of this year compared to the same period last year, reaching 330.083 million UAH.
According to the company’s interim report, which is available to the Interfax-Ukraine news agency, the loss in the third quarter amounted to 93.206 million UAH.
Revenue from ordinary operations for this period totaled 2,999.805 million UAH.
The accumulated loss as of the end of September stood at 1,451.386 million UAH.
As previously reported, Metinvest Machinery posted a net loss of 150.693 million UAH in the first quarter of 2026, compared to a loss of 7.067 million UAH during the same period last year. Revenue from ordinary operations for this period totaled 1,458.751 million UAH.
In the first half of the year, the LLC reported a loss of 236.877 million UAH, compared to a loss of 19.681 million UAH for the same period last year; revenue from ordinary activities for this period totaled 2 billion 311.222 million UAH.
The accumulated deficit as of the end of June was 1,358.333 million UAH.
In 2025, the LLC reduced its net loss by 20% compared to 2024—from 44.249 million UAH to 35.314 million UAH. At the same time, income from ordinary activities for this period increased compared to 2024, rising to 301.960 million UAH from 22.261 million UAH.
The report noted that the figures show significant deviations, which are due to the reorganization of the company through the merger of ZLMZ LLC and Metinvest-Kryvyi Rih Repair and Mechanical Plant (KRMP) LLC into Metinvest Machinery LLC. The authorized capital increased by 176.946 million UAH in 2025 due to the business merger. The number of employees as of the end of 2025 was 3,150 thousand people, compared to 47 people as of the end of 2024.
At the end of 2025, Metinvest consolidated its service operations into a single entity, “Metinvest Machinery,” based at ZLMZ. The actual consolidation of the companies’ assets and liabilities took place on December 1, 2025.
Metinvest Holding LLC owns a 100% stake in Metinvest Machinery LLC.
The authorized capital of Metinvest Machinery LLC is 191.946 million UAH.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. The holding company’s major shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.
