Business news from Ukraine

Business news from Ukraine

Metinvest-Resource increased its net profit by 20.3% in first quarter

Metinvest-Resource LLC (Zaporizhzhia) increased its net profit by 20.3% in January–March of this year compared to the same period last year—to UAH 7.044 million from UAH 5.857 million.

According to the company’s interim report, available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period rose by 11.1%—to UAH 1.188955 billion from UAH 1.338114 billion.

The accumulated loss as of the end of March stood at UAH 32.398 million.

In 2025, the LLC reported a net profit of UAH 62.679 million, while revenue from ordinary activities for this period increased by 42.4% compared to 2024—to UAH 5.673455 billion from UAH 3.982851 billion.

Sales volume of finished products in 2025 and 2024 amounted to 108,165 thousand tons and 113,321 thousand tons, respectively.

The number of employees as of the end of 2025 was 35, and as of the end of 2024, it was 34. Labor costs for full-time employees in 2024 amounted to UAH 19.595 million, and in 2025, to UAH 22.7899 million.

In 2024, the LLC reported a net profit of UAH 6.085 million, whereas it ended 2023 with a loss of UAH 43.270 million, and in 2022, the net loss was UAH 129.227 million.

Metinvest-Resource LLC is the exclusive supplier of ferrous metal scrap to the Ukrainian metallurgical enterprises of the Metinvest Group. The company’s main activities include the wholesale trade of waste and scrap (primary) and the processing of scrap metal. As of the end of 2025, the company’s registered address is in Zaporizhzhia. The company’s capacity allows it to meet the needs of enterprises and amounts to approximately 0.693 million tons of raw materials per year.

The LLC’s authorized capital is UAH 6.437 million.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. The holding’s main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Metinvest-Resource increased its net profit to UAH 45 mln in nine months

In January-September this year, Metinvest-Resource LLC increased its net profit to UAH 44.721 million from UAH 3.475 million in the same period last year.

According to the company’s interim report, which is available to Interfax-Ukraine, its profit in the third quarter of 2025 amounted to UAH 21.647 million.

Revenue for this period increased by 27.8% to UAH 3 billion 919.585 million.

The uncovered loss at the end of September amounted to UAH 57.4 million.

In 2024, the LLC received a net profit of UAH 6.085 million, while it ended 2023 with a loss of UAH 43.270 million, and in 2022, the net loss was UAH 129.227 million.

Metinvest-Resource LLC is the exclusive supplier of ferrous metal scrap to the Ukrainian metallurgical enterprises of the Metinvest Group. Metinvest-Resource LLC’s capabilities enable it to continuously supply more than 1.5 million tons of raw materials per year to meet the needs of the group’s metallurgical assets. The company has a history spanning more than 20 years, dating back to the founding of PFK Prometey LLC, which was renamed Metinvest-Resource LLC in February 2011.

The company has many years of experience in the domestic and foreign scrap metal markets in terms of purchasing scrap metal and its substitutes (GBZ), and delivers them by all modes of transport. Metinvest-Resource LLC actively participates in joint projects to dismantle various metal facilities in the country. It has established business relationships with more than 100 scrap metal procurement companies in Ukraine and around the world.

The company’s authorized capital is UAH 6.437 million.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in European countries. The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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