Mining and metallurgical group “Metinvest” has carried out a number of reshuffles in its management, in particular, by expanding the area of responsibility of the general director of the Zaporizhzhya metallurgical plant “Zaporizhstal” Alexander Mironenko.
According to the official statement of the press service of the Metinvest group, in response to a corresponding request from the Interfax-Ukraine agency on Thursday, the changes in the organizational structure of Metinvest are due to the fact that the Russian military aggression against Ukraine led to the shutdown of the group’s enterprises in Mariupol and Avdiivka, the break sustainable technological and supply chains – both intragroup and external.
“In response to new challenges, Metinvest decided to change the organizational structure of the group, designed to improve the operating model of sales, logistics and purchases, to strengthen the company. Thus, the Commercial Directorate of the Metinvest Group was created on the basis of the Sales Directorate and the Logistics Directorate and procurement. Dmitry Nikolaenko headed the Commercial Directorate,” the response to the agency explains.
And it is added that the unification of the areas of logistics, sales and purchases and the creation of a single center for their coordination and management is aimed at the effective management of key cost processes in the company, at obtaining an additional effect from the synergy of these main functions and building an end-to-end process of their cross-functional interaction.
“The changes also affected the Operational Directorate of the Metinvest Group, which was headed by the General Director of Zaporizhstal Alexander Mironenko. He will also continue to act as the General Director of the joint venture of the Metinvest Group – the Zaporizhstal Combine,” the company’s information states.
At the same time, it is emphasized that the company seeks to maintain its human resources potential, therefore, all rotations and appointments to key positions are made by moving managers or combining roles, taking into account changes in the business configuration.
Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world. The plant specializes in high-quality hot-rolled steel coil, hot-rolled sheet, cold-rolled sheet, cold-rolled coil made of carbon and low-alloy steels, as well as steel strip, black tin, bent profile.
Zaporizhstal is in the process of integrating into the Metinvest group, the main shareholders of which are PJSC System Capital Management (71.24%) and the Smart Holding group of companies (23.76%).
Metinvest Holding LLC is the management company of the Metinvest group.
