Business news from Ukraine

Business news from Ukraine

“Zaporizhstal” handed over modern Mavic drones to defenders of Ukraine

Zaporizhstal Iron and Steel Works and Metinvest Group have handed over two modern DJI Mavic 3 reconnaissance drones to the Ukrainian Armed Forces as part of the Rinat Akhmetov Steel Front military initiative.
According to the company’s statement on Friday, the delivery took place this week.
“Ukrainian defenders use drones for reconnaissance, correction or strike. However, their first and most important mission is to contribute to saving the lives of the personnel of the Ukrainian Armed Forces. That’s why we can never have too many copters, and we systematically transfer these “birds” to our defenders. Today, two more Mavic drones from Zaporizhstal and Metinvest are on their way to the National Guard,” Yevgeny Avdzhi, Zaporizhstal’s procurement director, commented on the situation, as quoted by the press service.
It is specified that the DJI Mavic 3 is the most needed and popular model of drones in the Armed Forces of Ukraine, which helps to detect and destroy the enemy on the front line. The copter is used for reconnaissance and fire control. The competitive advantage of this model is its excellent optics and navigation. Two new Mavic drones have already been delivered to the Donetsk sector, where a Zaporizhstal employee with the call sign “Thunder” serves in the Armed Forces.
“Zaporizhstal and Metinvest always support their employees. And even now, when we are at the front line, the company does not stand aside, the soldier noted.
“Today we received two reconnaissance drones. These drones are our eyes at the front. They help us to detect the accumulation of military equipment and enemy manpower and then, if necessary, adjust our fire. This drone is operated remotely from a control panel. The pilot sees in real time where, what is located and what is happening, and then a decision is made to evacuate or fire,” explained Hrom.
“The Steel Front is an initiative that brings together all the military assistance provided by Rinat Akhmetov’s SCM businesses to the Ukrainian Armed Forces, medical workers and critical infrastructure. From the first day of the full-scale war in Ukraine, Rinat Akhmetov’s businesses (Metinvest, DTEK, FUIB, Ukrtelecom and others) and FC Shakhtar started helping the defenders of Ukraine by buying and delivering protective equipment, first aid kits, vehicles, fuel and more. As part of the military initiative, the soldiers also receive modern copters on a regular basis, which, as the military say, become their eyes on the front line. As part of the Rinat Akhmetov’s Steel Front military initiative, Metinvest Group has supplied more than 1,200 modern copters to Ukrainian defenders.
“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 around the world. The plant specializes in high-quality steel hot-rolled coils, hot-rolled sheets, cold-rolled sheets, cold-rolled coils made of carbon and low-alloy steels, as well as steel strips, ferrous tin, and bent sections.
The main consumers of the products are producers of welded pipes, automotive, transport and agricultural machinery companies, and manufacturers of household appliances.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.

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