Metinvest Supports Ukraine’s War Efforts with USD 76 Million Aid
Strategic Research Institute
Published on :
3 Jan, 2023, 4:22 am
Ukrainian steelmaker Metinvest has remained a reliable support for Ukraine in the economic, defense and social spheres since the beginning of the Russian invasion. During the 10 months of the war, the company allocated more than UAH 2.8 billion to strengthen the country's defense capability, support employees and peaceful Ukrainians, of which UAH 1.5 billion was allocated to the needs of the army within the framework of the Steel Front initiative of Mr Rinat Akhmetov.
It said “Metinvest is making every effort to bring Ukraine's victory closer in all directions. Our enterprises, as far as possible in military conditions, continue to produce products for the defense and restoration of the country's infrastructure, save jobs and pay taxes. Within the Steel Front of Rinat Akhmetov, we provide our army with ammunition and metal products. The humanitarian initiative "Saving Lives" takes care of food and basic necessities for Ukrainians, as well as their physical and psychological health. We care about our employees and strive to save the team in order to be able to help the country in the future.”
As part of Rinat Akhmetov's military Steel Front initiative, Metinvest has established a systematic supply of the most necessary things to the front. In particular, the Group's enterprises manufacture steel products: 69 special mobile shelters were transferred to the front to strengthen the trenches.
Metinvest is one of the largest suppliers of ammunition for the army among private Ukrainian businesses. The defenders will be protected by 25 thousand helmets and helmets, as well as 150 thousand bulletproof vests, most of which are made in Ukraine. To this end, the Group's enterprises have established their own production of steel for armor plates.
In addition, the sales company Metinvest-SMC supplies hot-rolled sheets for the manufacture of hard protection elements for equipment such as SUVs, medical vehicles, utility cars and other equipment operating in the shelling zone. Recently, Metinvest has developed armored shields that protect large-caliber weapons operators from enemy fire.
Since the beginning of the war, more than 80 thousand anti-tank hedgehogs have been produced from Metinvest's steel, as well as studded chains and minibastions.
To survive the difficult winter, Metinvest took care of heating equipment for military personnel and civilians in advance. On its own and in cooperation with partners, the company has produced 2,500 field furnaces, as well as transfers coal and wood.
In addition, more than 7 thousand Metinvest employees who serve in the Armed Forces of Ukraine will receive warm winter uniforms. About UAH 12 million has been allocated for this purpose.
To strengthen the army's defense capabilities, Metinvest searches for and delivers tactical equipment and equipment to Ukraine. The company has already donated about 1,700 thermal imagers, 1,000 drones, 315 cars, including ambulances, and 1 million liters of fuel for cars to the fighters.
More than 31 thousand hemostatic turnstiles and first-aid kits, other medical equipment, medicines and supplies from Metinvest help save the lives of wounded soldiers.
Also, together with the PULSE charitable foundation, the company promotes the development of tactical medicine in Ukraine. Metinvest allocated almost UAH 5 million to organize training for servicemen in the combat zone.