Metinvest Sichstal LLC (MSS, Zaporizhia) increased its net losses by 30.1% in January-September this year compared to the same period last year, to UAH 36.227 million.
According to the company’s interim report, available to Interfax-Ukraine, the loss in the third quarter amounted to UAH 13.233 million.
Revenue for this period increased 5.3 times, to UAH 919.334 million from UAH 173.633 million.
The uncovered loss at the end of September amounted to UAH 80.522 million.
The LLC ended 2024 with a loss of UAH 15.075 million, while in 2023 it amounted to UAH 7.764 million.
Metinvest Sichstal LLC is a company within the Metinvest Group for the implementation of highly complex strategic investment projects, established in 2019.
MCC is one of the largest project organizations in Ukraine, capable of implementing large projects, from conceptual design to commissioning. The company’s goal is to implement key projects of the technological strategy of Metinvest Group companies. MCC provides an integrated process from investment idea, engineering, and design to procurement, construction, and commissioning.
Metinvest B.V. (Netherlands) owns a 100% stake in Metinvest Sichstal LLC.
The LLC’s authorized capital is UAH 30.405 million.
Metinvest Sichstal LLC is part of the Metinvest Group, whose main shareholders are System Capital Management (SCM, Donetsk) (71.24%) and the Smart Holding group of companies (23.76%). The managing company of Metinvest Group is Metinvest Holding LLC.
