Business news from Ukraine

Business news from Ukraine

“Zaporizhstal” allocated UAH 2 mln for transport modernization

18 July , 2024  

Metinvest Group’s Zaporizhstal Iron and Steel Works has modernized the transfer trolleys between the departments of its Cold Rolling Shop (CRS), allocating UAH 2 million for this purpose.

According to the company, the upgrade took four months to complete, and the transportation of rolled products from one department of the Cold Rolling Shop to another has become safer and more efficient.

It is specified that the trolleys were replaced with more modern electrical equipment, additional warning beacons, as well as optical and radiation sensors were installed.

“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries around the world.

“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).

Metinvest Holding LLC is the management company of Metinvest Group.

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