Business news from Ukraine

“Metinvest Digital” became new resident of “Dia.City” application

“Metinvest Digital, the IT expertise center of the largest Ukrainian mining and metallurgical holding Metinvest, became a new resident of the “Dia.City” application, which allows to receive public services online.
According to the company’s press release on Thursday, Metinvest Group supports modern technologies, contributing to the digitalization of Ukrainian business and the establishment of the state at the level of the most developed countries in the world. That’s why the company’s exclusive IT partner, Metinvest Digital, became a resident of the application.
Moreover, it is noted that the implementation of a unique legal and tax environment is an important event for the Ukrainian IT-sector. In particular, the City Action offers the IT-companies favorable taxation conditions, modern tools to protect investments and intellectual property, the ability to attract specialists and improve competitiveness on the market. An additional plus is that the state guarantees the stability of these conditions for 25 years.
As of June 26, more than 600 companies have already become “Dia.City” residents.
“We are glad to become the residents of Diya.City in order to develop and strengthen Ukrainian market of talents, educational technological sector and economy of the country together with strong IT-industry players”, noted Sergey Detiuk, IT director of Metinvest Group, quoted by the press service.
According to him, thanks to Dia.City this process will become even more effective and coherent, it will stimulate the development of high-tech industry, to attract skilled professionals, investors and individual entrepreneurs.
The press release specifies that in order to get all these advantages, an IT-company must be registered according to the Ukrainian legislation; engage in qualified activities; meet the conditions of entry into the “Dia.City”.
“Metinvest Digital” is a Ukrainian IT company that specializes in the digital transformation of large businesses and implements projects in Ukraine, Europe and North America. The company designs, implements and supports complex IT solutions in the field of technological infrastructure building, information systems development, strategic outsourcing, data migration, system integration, cybersecurity and information security. “Metinvest Digital is an IT business partner of Metinvest Group, servicing more than 30 enterprises of the holding worldwide. The company is a certified partner of Microsoft (Gold Certified Partner) and SAP (Silver Partner).
“Metinvest Digital is a Microsoft Gold Partner and SAP Silver Partner. In 2023 the Company obtained the Certificate of conformity of information security management system in accordance with ISO 27001.
More than 800 employees of Metinvest Digital serve the group’s enterprises and 70000 employees in Ukraine, Europe and the USA.
Metinvest Digital’s annual portfolio of digital initiatives currently includes over 100 projects. The company includes five IT expertise centers, the Project Office and the Center for Advanced Development (R&D), and its main activities are aimed at the digitalization of the group’s production and business processes.
“Metinvest is a vertically integrated mining group of companies that manages assets in every link of the production chain, from iron ore and coal mining and coke production to the production of semi-finished and finished steel products, pipes and coils, as well as the production of other high value-added products. The Group consists of mining and metallurgical enterprises located in Ukraine, Europe and the USA and has a sales network covering all key global markets.
The major shareholders of Metinvest are SCM Group (71.25%) and Smart Holding (23.75%) that jointly manage the company.
Metinvest Holding LLC is the managing company of Metinvest group.

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“Metinvest Digital” has implemented SAP in Metinvest Shipping

Metinvest Digital, the IT expertise center of the largest Ukrainian mining and metallurgical holding Metinvest, implemented SAP at Metinvest-Shipping, the logistics division of the Metinvest Group.
According to the company’s press-release issued on Thursday, now Metinvest has one of the largest and most complex SAP-landscapes not only in Ukraine but also in Central and Eastern Europe.
It was specified that SAP was implemented in order to organize maximum comfortable platform that integrates processes of economic activities of Metinvest-Shipping with assets using its services into single SAP-landscape. The purpose of the project is to create an end-to-end chain of automation and control of logistics services in the group. Today 16 enterprises of Metinvest are keeping records in SAP.
Metinvest Digital has certain corporate templates which could be adapted and quickly implemented in Metinvest-Shipping. However this company is different from Metinvest enterprises, which produce metal or ore. Specialists have developed a unique solution for the group’s logistics asset, the press release states.
It is also explained that Metinvest-Shipping is a company with a wide portfolio of services. It services rail and road transport, provides sea and river agent, brokerage and inspection services. The company’s business model includes providing both in-house and leased fleet services, as well as procuring logistics services from the market on behalf of customers.
An additional challenge was the integration of the accompanying tender platform for the procurement of automotive services and the proposal to integrate data from the software complex of the information and dispatch service, which uses production assets of “Metinvest”.
The press-service notes that it was impossible to apply either template or ready-made solutions to such services. The developers needed much more time to study similar solution design processes in the industry, because initially there was no project of such level of complexity on the market.
Of the entire project, about half of the solutions were corporate, and the rest were either thoroughly adapted to the needs and characteristics of Metinvest-Shipping, or completely developed from scratch.
The main challenge for the specialists was the unique development of the system, which should take into account a wide range of services and a developed business model that would enable to manage its own and leased vehicles for logistics services, provide purchase and sale of Metinvest-Shipping’s services in Ukraine and abroad, as well as provide services to its subdivisions.
Before the war, there were about a hundred executives working on the project, two-thirds of whom were Metinvest Digital employees, and the rest were outsourced workers. Since the start of the war, the company severed all relations with Russian and Belarusian contractors. Metinvest Digital also refused the services of Ukrainian contractors and redistributed resources among its employees in order to optimize its financial burden. These resources were much less than it was needed, but the specialists of the company managed to adopt all the practices of the contractors, to completely re-plan the work on the project and to complete all the work with the internal expertise.
The work of the project participants of “Metinvest Digital” and “Metinvest Shipping” at the stage of development and integration testing was complicated by active hostilities in the cities of presence, power and Internet outages.
As a result, Metinvest Digital’s developers created up-to-date and fully harmonized data accounting for Metinvest-Shipping in terms of corporate reporting. The project provided the basis for many vectors of its development – integration with consumers of services as well as financial services of buyers of foreign assets.
Over time, the company plans to refine the solution. First, to automate the process of purchasing services by any enterprises of Metinvest Group in Metinvest-Shipping. Secondly, to create an automated workstation (ARM) for the forwarder, so he could work both in Ukrainian and foreign ports.
“Unfortunately, the war has changed the logistics chains of Metinvest-Shipping. But since Metinvest Digital developed the solution from scratch, it already knows how it can be integrated into the material accounting of foreign enterprises. Metinvest Digital took on additional training and support to be able to support the customer in the conditions of war. The company’s specialists also took part in the development of new business processes and coordination with other assets of the new system and terms of cooperation with Metinvest Shipping,” the press release emphasizes.
“Metinvest Digital is a Ukrainian IT company specializing in the digital transformation of large businesses and implementing projects in Ukraine, Europe and North America. The company designs, implements and supports complex IT solutions for technological infrastructure building, information systems development, strategic outsourcing, data migration, system integration, cyber security and information security. “Metinvest Digital is an IT business partner of Metinvest Group, servicing more than 30 enterprises of the holding worldwide. The company is a certified partner of Microsoft (Gold Certified Partner) and SAP (Silver Partner).
Metinvest Shipping handles cargos in the largest ports of Ukraine, as well as organizes railroad shipments in Ukraine and abroad.
“Metinvest is a vertically integrated mining group of companies that manages assets in each link of the production chain, from iron ore and coal mining and coke production to semi-finished and finished steel production, pipe rolling and coil production and production of other high value-added products. The Group consists of mining and metallurgical facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets.
The major shareholders of Metinvest are SCM Group (71.25%) and Smart Holding (23.75%) that jointly manage the company.
Metinvest Holding LLC is the managing company of Metinvest group.

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