PJSC “Central Mining and Processing Plant” (TsGZK, Dnipropetrovsk Oblast), a member of the Metinvest Group, reported a 20.9% increase in its net loss for January–March of this year—to UAH 468.466 million from UAH 387.594 million in the same period last year.
According to the company’s interim report, which is available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period decreased by 3%—to UAH 4,406.260 million.
Retained earnings as of the end of March amounted to UAH 2,463.793 million.
According to the annual report, in 2025, the Central GOK increased its net loss by 5.3 times, to 3.428076 billion UAH from 648.004 million UAH in 2024. At the same time, revenue from ordinary activities for the past year grew by 1%—to UAH 15,988.004 million.
As reported, the plant ended 2024 with a net loss of UAH 648.004 million, while in 2023 it amounted to UAH 1,326.661 million. In 2022, the company reduced its net profit by more than four times, to UAH 2.117831 billion from UAH 8.919978 billion in 2021. In 2020, TsGZK increased its net profit by 8.7% compared to the previous year, reaching UAH 1.601 billion.
TsGZK is among the top five largest producers of mining raw materials in Ukraine and specializes in the extraction and production of iron ore raw materials (concentrate and pellets). The average headcount of full-time employees is 3,360.
Metinvest B.V. owns 100% of the shares in TsGZK.
The authorized capital of PrJSC “TsGZK” is UAH 296.635 million, with a par value of UAH 0.25 per share.
TsGZK is part of the Metinvest Group, whose main shareholders are PJSC “System Capital Management” (SCM, Donetsk) (71.24%) and the “Smart-Holding” group of companies (23.76%). The management company of the Metinvest Group is Metinvest Holding LLC.
PJSC Central Mining and Processing Plant (CGZ, Dnipropetrovsk region), part of the Metinvest Group, increased its net loss by 3.5 times to UAH 1 billion 704.103 million in January-September this year, compared to UAH 520.593 million in the same period last year.
According to the company’s interim report, which is available to Interfax-Ukraine, the loss in the third quarter amounted to UAH 559.581 million.
In the first nine months of this year, the company increased its revenue by 10.9% to UAH 12.470708 billion.
Retained earnings at the end of September 2025 amounted to UAH 4.164960 billion.
In the first nine months of 2025, commercial production amounted to 2.062 million tons of concentrate (up 545,100 tons, or 35%, compared to 2024) and 1.692 million tons of pellets (up 28,600 tons, or 2%, compared to 2024). During the reporting period, 99.34% of products were supplied to the domestic market.
As part of the implementation of the plant’s capital investment program in Q1-Q3 2025, measures were taken to maintain production capacity, upgrade infrastructure, improve the efficiency of technological processes, and ensure the stable operation of the main production units. In accordance with the plant’s development program and within the established limits, railway tracks were re-laid and a railway track was built at the Grekukata station. Unloading station – Grekukata station; construction and installation work continued in the chamber of the section substation and tunnels as part of the project to provide power to the 607 m horizon of the Kolachevsky mine, and the construction of ort-entrances and the installation of vibrating rock loading units is also continuing.
In addition, work is underway to expand the tailings dam to a height of 129 m; measures are continuing to remove topsoil from the Artemivsk quarry; work is being carried out to modernize the cable communication infrastructure of the plant and the local computer network (Gleyuvatka fiber-optic communication line); major repairs of the washing facilities of the crushing plant, the Kolachevsky mine, and the Petrivsky quarry are continuing; During the plant’s daily shutdown, d1200 mm gates were replaced.
The plant ended 2024 with a net loss of UAH 648.004 million, compared to UAH 1 billion 326.661 million in 2023. In 2022, the company reduced its net profit more than fourfold, to UAH 2 billion 117.831 million from UAH 8 billion 919.978 million in 2021. In 2020, TsGZK increased its net profit by 8.7% compared to the previous year, to UAH 1.601 billion.
CGZK is one of the five largest producers of mining raw materials in Ukraine, specializing in the extraction and production of iron ore raw materials (concentrate and pellets). The average number of full-time employees is 3,360.
Metinvest B.V. owns 100% of the shares in ChGOK.
The authorized capital of PrJSC ChGOK is UAH 296.635 million, with a share par value of UAH 0.25.
CGZ is part of the Metinvest Group, whose main shareholders are PJSC System Capital Management (SCM, Donetsk) (71.24%) and the Smart Holding group of companies (23.76%). The managing company of the Metinvest Group is Metinvest Holding LLC.
