Business news from Ukraine

Business news from Ukraine

“Zaporizhkoks” increased investments by quarter to UAH 321 mln in 2024

26 February , 2025  

Zaporozhkoks, one of Ukraine’s largest coke and chemical producers and a member of Metinvest Group, increased its investments in production facilities by a quarter year-on-year in 2024, up to UAH 321 million from UAH 257 million.

According to the company, last year’s investments were directed to a program of major overhauls of production facilities, as well as investment projects in occupational safety, information technology, and the social sphere.

Zaporozhkoks CEO Oleksandr Bekhter named ensuring the uninterrupted operation of the company’s main production assets to maintain the company’s performance in the war as one of his key priorities last year and this year.

“To this end, we continue to invest in programs to support key equipment and important repairs. In 2025, as part of the program of overhauls and investments, Zaporizhkoks will continue to overhaul coke oven battery (COB) No. 2 with the relining of three walls, implement the Working Life program and a number of projects to maintain equipment for a total of almost UAH 324 million,” the CEO said.

It is specified that one of the key equipment upgrade projects implemented last year at the enterprise was the overhaul of coke oven battery No. 2 with the relocation of four walls of coking chambers with a budget of almost UAH 72 million. This allowed us to extend the life of the unit and reduce the environmental impact. To increase the production capacity of the coke shop, the company also purchased a coke oven car for receiving and transporting coke.

As part of the overhaul program, the company also repaired coke ejector No. 3 in the coke shop, regenerator No. 11 in the desulphurization shop, pipelines of the recovery shop, and the U-30 charge feeding line of the coal preparation shop, etc.

“In 2024, Zaporozhkoks continued to implement its corporate program to improve the working environment, Working Life, and overhauled the main sanitary and amenity building and other amenities for UAH 3.8 million. During the year, the company also implemented a number of investment projects to upgrade its IT infrastructure, occupational health and safety.

“Zaporizhkoks has a full technological cycle of coke and chemical products processing.

“Metinvest is a vertically integrated mining group of companies. Its major shareholders are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.

Metinvest Holding LLC is the management company of Metinvest Group.