Business news from Ukraine

LLC “Zaporozhye Casting and Mechanical Plant” (ZLMZ), created on the basis of the production workshops of the department of the chief mechanic of PJSC “Zaporizhstal”, which is part of the Metinvest group, has resumed its work.
According to the company’s information on Sunday, earlier the Metinvest group decided to withdraw the main equipment of ZLMZ from the conservation regime, while before that only duty teams came to the workplace to maintain the equipment in proper condition.
“We have every reason to resume work: the military situation in Zaporozhye is under control, we have received both standard orders and unique requests from customers, so now we are making every effort to fulfill them,” the words of the acting are quoted in the message. Director General of ZLMZ Igor Dolgozvezda.
It is specified that the plant has resumed the work of the main divisions: a mechanical workshop, a metal structure workshop and a section for the production of shaped castings. Currently, the Zaporizhia Casting and Mechanical Plant is planning to produce and restore parts for Metinvest enterprises – Zaporizhstal, Kametstal, Metinvest Pokrovskugol and mining and processing plants of the Metinvest group. The company is also mastering the production of new types of products – spare parts for mining and lifting vehicles.
Yury Dmitriev, the head of the ZLMZ machine shop, pointed out that after the information about the resumption of production, the workers immediately expressed a desire to return to work, and some employees even began to return from abroad.
“Before the war, we worked on a day/night/48 or 5/2 schedule. Now our workers are ready to work around the clock to load the equipment to the maximum and produce the maximum product,” Dmitriev said.
Work shifts for employees have been adjusted to reflect the curfew. The enterprise provides centralized transportation of workers by corporate transport.
According to the decision of the company, the priority right to employment for open vacancies of scarce professions at ZLMZ is granted to specialists evacuated from Mariupol to Zaporozhye.
It is indicated that the company is gaining pre-war momentum and even working on new technologies so as not to depend on foreign supplies.
The press service also reports that ZLMZ employees, as volunteers, joined the work of the Center for the Coordination of the Humanitarian Mission of Metinvest in Zaporozhye from the first days of its creation, taking part in the reception, sorting and formation of cargo with humanitarian aid and coordinating the reception of internally displaced persons at social facilities companies in Zaporozhye.
LLC “Zaporozhye Casting and Mechanical Plant” (ZLMZ) was established on the basis of the foundry and mechanical shops, as well as the shop of metal structures of the plant “Zaporizhstal” in mid-2016. At the same time, the steel plant remains the main partner of the plant, which is a diversified enterprise with a closed production cycle.
ZLMZ specializes in the production of castings from cast iron, as well as from alloyed, low-alloyed and high-alloyed steels, metal structures and metal parts. The company produces a wide range of products, which includes molds for metallurgical plants, building structures, spare parts and prefabricated assemblies. The main consumers of the plant’s products are enterprises of the mining and metallurgical and other industries.
The plant is part of the Metinvest group, the largest mining and metallurgical holding in Ukraine. The main shareholders of Metinvest are the SCM group (71.25%) of Rinat Akhmetov and Smart Holding (23.75%) of Vadim Novinsky, who jointly manage the company.