Business news from Ukraine

Business news from Ukraine

“Metinvest” donates three 3D printers to National Guard of Ukraine

Metinvest Mining and Metallurgical Group has handed over three 3D printers to the National Guard of Ukraine as part of Rinat Akhmetov’s Steel Front military initiative.

According to a press release, the important batch of aid was handed over to the NGU servicemen: three 3D printers and 18 kilograms of special plastic for printing components.

“Printing components on such printers is now a very popular technology among the military. It was not easy to find the equipment, it took us about 1.5 months. However, the 3D printers have been purchased and our defenders are already using them in their own workshops,” said Alexander Mironenko, Chief Operating Officer of Metinvest Group, as quoted by the press service.

According to Andriy Belyaev, commander of the 23rd Brigade of the National Guard of Ukraine, the 3D printers will be used to quickly print and replace some spare parts that can only be produced with such modern equipment.

“First of all, it will be used for automotive equipment. It will also be used to repair reconnaissance drones used to protect critical state facilities within the area of responsibility of the National Guard of Ukraine,” said Belyaev.

“Metinvest is a vertically integrated group of steel and mining companies. The group’s enterprises are located mainly in Donetsk, Luhansk, Zaporizhzhya and Dnipropetrovsk regions. The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage it. Metinvest Holding LLC is the management company of Metinvest Group.

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