Business news from Ukraine

Business news from Ukraine

Metinvest Shipping earned UAH 114 mln in profit over nine months

29 November , 2025  

Metinvest Shipping, the logistics division of Metinvest Group, earned a net profit of UAH 114.146 million in January-September this year, compared with a net loss of UAH 16.227 million in the same period last year.

According to the company’s interim report, which is available to Interfax-Ukraine, its profit in the third quarter of 2025 amounted to UAH 81.299 million. Revenue for this period decreased by 13% to UAH 1 billion 752.366 million. Undistributed profit at the end of September amounted to UAH 1 billion 367.237 million.

The company ended 2024 with a loss of UAH 67.393 million, compared to UAH 729.472 million in 2023.

Metinvest Shipping LLC has been part of the Metinvest Group since 2006. The company has branches in Mariupol (operations temporarily suspended) and Odesa. The company’s activities cover the entire range of freight transport services: organization of road and rail transport, customs clearance, forwarding, ship agency, and chartering of the maritime fleet.

Since 2019, the company has been inspecting metal products of Metinvest Group enterprises. Between 2010 and 2024, Metinvest Shipping handled over 364 million tons of cargo, provided agency services for over 9,000 vessels, and transported approximately 896 million tons of cargo by rail. The company owns more than 2,300 units of rolling stock, including 11 diesel locomotives.

As of December 31, 2024, the average number of employees in the company was 220.

Metinvest Holding LLC owns a 100% stake in Metinvest Shipping LLC ”

The LLC’s authorized capital is UAH 25.012 million.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine, in the Donetsk, Luhansk, Zaporizhia, and Dnipropetrovsk regions, as well as in European countries.

The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.

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