Business news from Ukraine

METINVEST PLANS TO EMPLOY MAJORITY OF METALLURGISTS EVACUATED FROM MARIUPOL

Mining and metallurgical group “Metinvest” Rinat Akhmetov and Vadim Novinsky intends to employ most of the 13 thousand metallurgists and repairmen evacuated from Mariupol.
“Metinvest Group has decided to keep the payment in full to all employees for March, despite the fact that the enterprises of Mariupol did not work a day. To everyone who left for the territory controlled by Ukraine, the company keeps payments in the amount of 2/3 of the salary and offers vacancies in Metinvest career centers in Zaporozhye, Kryvyi Rih, Kamensky and Pokrovsk,” the company said on Tuesday.
It is noted that the decision was approved for the priority employment of immigrants from Mariupol at the company’s enterprises – about 2,000 vacancies have been prepared. Negotiations are ongoing with partners to deploy more possible jobs. We are talking about municipal utilities of cities and various humanitarian missions.
It is also indicated that the company is working to address the priority needs of employees from Mariupol: everyone who traveled to the cities where the Metinvest group operates can be temporarily resettled at facilities prepared for this and receive humanitarian assistance: food kits, clothes, accessories for children and basic household items. In addition, company employees can count on medical and psychological support.
For those who find jobs, payments in the amount of UAH 10,000 from the Metinvest group are also provided as assistance in setting up a life.
It is also stated that not only Mariupol metallurgical plants, but also enterprises in Avdiivka have been stopped at present.
“We are launching production in Zaporozhye, but it is not working to its full capacity. Volumes have been reduced in Krivoy Rog, Kamensky and Pokrovsk. The Metinvest group is trying with all its might to maintain production in order to pay wages to those who work and support those who find themselves in difficulty from -for Russia’s attack on Ukraine, as well as helping Ukraine bring victory closer,” the company’s information emphasizes.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Lugansk, Zaporozhye and Dnepropetrovsk regions, in European countries. 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.

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