DOCSLIB.ORG

People Products Infrastructure Resources Air, Land and Water Responsible Energy Supply Chains Local Communities Scientists and Engineers Impact Measurement

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
People Products Infrastructure Resources Air, Land and Water Responsible Energy Supply Chains Local Communities Scientists and Engineers Impact Measurement People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement 1 People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement Table of content About ArcelorMittal About ArcelorMittal . 3 Message from CEO . 4 Sustainable development through 10 outcomes . 5 Our progress in 2017 . 6 Safe, healthy, quality working lives for our people . 8 Products that accelerate more sustainable lifestyles . 12 23 815 employees is average headcount Products that create sustainable infrastructure . 12 of PJSC ArcelorMittal Kryvyi Rih 5.8 MT of steel produced in 2017 Efficient use of resources and high recycling rates . 14 Trusted user of air, land and water . 15 Responsible energy user that helps create a lower carbon future . 20 Supply chains that our customers trust . 21 Active and welcomed member of the community . 22 Pipeline of talented scientists and engineers for tomorrow . 23 Our contribution to society measured, shared and valued . 24 Transparent good governance . 25 About this report . 27 Performance at a glance . 28 Annex 1: GRI Content Index . 30 Annex 2: Independent Assurance Report . 34 ArcelorMittal is leading global steelmaking company with steel products – rebar and wire rod of ordinary and alloyed annual achievable capacity of about 113 MT of steel with grades, wire rod, bars and sections of low alloyed grade as about 197 thousand employees in 60 countries of the well as special purpose steel grades . 5 .8 MT of steel were world and economic presence in 18 countries . The Company produced in 2017 . is one of the leaders on main global steel markets including PJSC ArcelorMittal Kryvyi Rih is one of the biggest exporters such fields like automotive, construction, household in Ukraine . appliances and packaging manufacturing . It has research and In 2017, sales volumes of steel products produced by PJSC development as well as engineering capabilities, significant ArcelorMittal Kryvyi Rih were over 5 .4 MT to more than stock of raw materials and outstanding distribution 60 countries around the world . networks . The average headcount of PJSC ArcelorMittal Kryvyi Rih Basic philosophy of ArcelorMittal is production of safe during 2017 was 23 815 employees . and sustainable steel . Sustainable development, quality The Company cooperated with over 1 700 suppliers and and leadership are core values of ArcelorMittal Group and contractors, around 200 organizations with over 20 000 determine overall strategy of its long-term development . employees were involved in construction and installation Safety is top priority for each company in the Group and the work . Payments to suppliers and contractors amounted to target of ArcelorMittal is to become the safest steelmaking 42 bln . UAH . and mining company in the world . PJSC ArcelorMittal Kryvyi Rih is one of the biggest tax Detailed information about ArcelorMittal Group you can find payers in the country and significantly contributes to the on the web-site www .corporate .arcelormittal .com economy of Ukraine, Dnipropetrovsk region, Kryvyi Rih . In PJSC ArcelorMittal Kryvyi Rih is a part of international 2017, the Company paid taxes and fees to the budget and 2 corporation ArcelorMittal . The Company specializes in long national specialized funds for a total amount of 7 .7 bln . UAH . 3 1The Company is located in Kryvyi Rih (Ukraine) People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement Message from Sustainable development through Chief Executive Officer 10 outcomes of ArcelorMittal ArcelorMittal aims to contribute to a more sustainable future . 01 People Our 10 outcomes of sustainable Safe, healthy, quality working development are the basis of our lives for our people sustainability concept and all the efforts will be focused on their achievement in order to fulfill 02 our long-term obligations to all Products stakeholders that accelerate more sustainable lifestyles 03 Infrastructure Products that create sustainable infrastructure Resources 04 Efficient use of resources and high recycling rates 05 Air, land and water Dear readers, succeeded to compensate the losses we had on Trusted user of air, Being a part of international Group – global our traditional sales markets . land and water leader in steelmaking industry, we strive for the We also faced difficulties to fulfill our production top standards in corporate responsibility that program . But we continue moving forward, help us to be the most sustainable metallurgical we modernize our facilities and implement Responsible energy 06 company in Ukraine . We understand that new investment projects, which enable us to user that helps create financial stability and corporate responsibility go increase the productivity and to improve the a lower carbon future hand-in-hand . environment . Overcoming difficulties and solving the Our priority No . 1 is safety of our employees and problems, we continue to work . Regardless contractors . That is why, as before, we seriously 07 to challenges, we invest in environmental focus on health and safety . Supply chains that our customers trust sustainability, we build partnership Many families in Kryvyi Rih depend on the relationships with our communities and we prosperity of our Company – not only the fulfil our obligations to all stakeholders . Annual employees of the plant but also many other sustainable development reporting is a key organizations and firms whose employees work 08 part for transparent and open dialogue with on our site . Local communities the stakeholders . Ability to demonstrate proper PJSC ArcelorMittal Kryvyi Rih has over 23 000 Active and welcomed social and community development practices employees . Our direct contribution amounted to member of the community makes us more attractive partner and opens 3 . 8 bln UAH as salaries and 7 .7 bln UAH as taxes new opportunities for the business . into the budget . And additionally, about 200 Previous year, like recent years, was difficult companies with over 20 000 employees were 09 Scientists and engineers with many challenges . First, growing involved in construction and installation works; Pipeline of talented scientists competitiveness . As we depend on world we cooperated with over 1 700 companies of and engineers for tomorrow markets, we faced difficulties at many of them . suppliers and contractors paying 42 bln UAH for Unfortunately, we have lost competitiveness services and works . on CIS market; antidumping (increased) duties This commitment to creation of sustainable 10 for imported products, including Ukrainian business aims us, our customers and our Impact measurement ones, affected sales of our products . But we communities at powerful future . Our contribution All underpinned by to society measured, 4 5 transparent good shared and valued governance . People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement КлючовіOur progress показники in 2017 2017 Revenue: M UAH Headcount: Social investments: M UAH 2017 66 185.9 2017 23 815 2017 25.8 2016 52 961.8 2016 24 633 2016 16.5 2015 46 261.3 2015 27 139 2015 18.3 Lost-time injury frequency rate: (per 1 million of man-hours worked) Environmental investments: M UAH Payments to government: M UAH 2017 0.37 2017 851.2 2017 7 682.0 2016 0.41 2016 472.7 2016 6 329.0 2015 0.43 2015 859.5 2015 8 645.0 PERFORMANCE Hot metal Steel Rolled (MT) (MT) products 5.5 6.1 (MT) 5.1 5.6 5.3 6.1 6.3 5.8 5.6 6 7 2015 2016 2017 People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement People. Safe, healthy, quality Health and Safety Safety is No . 1 priority for ArcelorMittal and one of key Group and preventing their re-occurrence in future . working lives for our people points for the stakeholders . In 2017, lost-time injuries rate 11 corporate standards aimed at fatalities prevention FPS was 0 .37 (2016: 0 .41) . Total number of accidents was (Fatality Prevention Standards) are also being implemented decreased to 21 (2016: 23) . Unfortunately, we failed to at the Company in order to decrease occupational injuries prevent 3 fatalities: hot rolling mill operator of Blooming rate . The requirements of the standards are mandatory shop, Rolling Department, dosing operator of Sinter shop, for compliance with for both employees of structural Mining Department and contractor’s employee . subdivisions and contractors . Most of the injuries occurred due to organizational reasons, We understand that much is to be done in order to improve non-fulfilment of the requirements of health and safety safety culture on production
Load more

Recommended publications
  • Green Brand of Companies and Greenwashing Under Sustainable Development Goals
    sustainability Article Green Brand of Companies and Greenwashing under Sustainable Development Goals Tetyana Pimonenko 1, Yuriy Bilan 2,* , Jakub Horák 3 , Liudmyla Starchenko 4 and Waldemar Gajda 5 1 Department of Marketing, Sumy State University, 40007 Sumy, Ukraine; [email protected] 2 Faculty of Management, University of Social Sciences, 90–113 Lodz, Poland 3 School of Expertness and Valuation, The Institute of Technology and Business in Ceskˇ é Budˇejovice, Okružní 517/10, 37001 Ceskˇ é Budˇejovice,Czech Republic; [email protected] 4 Department of Economics, Entrepreneurship and Business Administration, Sumy State University, 40007 Sumy, Ukraine; [email protected] 5 Warsaw Management School-Graduate and Postgraduate School, Siedmiogrodzka 3A, 01204 Warszawa, Poland; [email protected] * Correspondence: [email protected] Received: 15 January 2020; Accepted: 21 February 2020; Published: 24 February 2020 Abstract: Implementing Sustainable Development Goals (SDGs) and increasing environmental issues provokes changes in consumers’ and stakeholders’ behavior. Thus, stakeholders try to invest in green companies and projects; consumers prefer to buy eco-friendly products instead of traditional ones; and consumers and investors refuse to deal with unfair green companies. In this case, the companies should quickly adapt their strategy corresponding to the new trend of transformation from overconsumption to green consumption. This process leads to increasing the frequency of using greenwashing as an unfair marketing instrument to promote the company’s green achievements. Such companies’ behavior leads to a decrease in trust in the company’s green brand from the green investors. Thus, the aim of the study is to check the impact of greenwashing on companies’ green brand.
    [Show full text]
  • Annual Report 2019 Contains a Full Overview of Its Corporate Stakeholder Expectations As Well As Long-Term Trends Governance Practices
    Table of Contents Management report Company overview ............................................................................................................................................................................... 4 Business overview ................................................................................................................................................................................ 5 Disclosures about market risk ............................................................................................................................................................... 44 Group organizational structure ............................................................................................................................................................. 47 Key transactions and events in 2019 .................................................................................................................................................... 50 Recent developments ........................................................................................................................................................................... 53 Research and development .................................................................................................................................................................. 54 Sustainable development ....................................................................................................................................................................
    [Show full text]
  • Щюаl,"П#-#/ PJSC "Arcelormittal Kryvyi Rih" Мr
    пЕрвиннА оргАнlзАцlя проФспlлки трудящих мЕтАлургlйноi l гIрничодоБувноТ промисловостl укрдТни пАт <<АрсЕлормlттАл кривий рlг" 5О095, м. Кривий Рiг, вул. Криворiжсталi, 1. Тел. +З8О 56 499 З1 66, €дрпоу 25842148, UА98З22зlЗ00000260050000111В7 в АТ <Укрексiмбанк> м, Ки'Гв E-mail: [email protected] . Web: www.amkrprof.org.ua Сhаirmап of the Supervisory Board //Щюаl,"П#-#/ PJSC "ArcelorMittal Kryvyi Rih" Мr. УIr. Vijay Goyal МеmЬеrs of the Supervisory Board PJSC "ArcelorMittal Kryvyi Riho': Мr. Clark David Gеоrgе Мrs. Апа Escobedo Мr. Ishchuk Serhiy Ivanovych Мr. Lahodiyenko Oleh Иktorovych Мr. Аrоrа Vishal Мr. Somani Аruп Мr. Matthew Loynes Executive Сhаirmап of ArcelorNlittal Grоuр Мr. Lakshmi Mittal СЕО of ArcelorMittal Grоuр Мr. Aditya Mittal Head of Нumап Resources of ArcelorMittal Group N{r. Ваrt Wille рRЕSЕг{тАтIоI\ Pursuant to дrtiсlе 45 of the Labor Code of lJkraine, par1 one of Article 3З, Clause 9 of par1 one of Article ЗВ of the Law of Ukraine "On Trade Unions, their Rights and Guarantees of Activity", based on the decision of the Trade lJnion Com- miitee of the primary organization of the Trade union of Metalworkers and N{iners оf Ukraine PJSC "ArcelorN4ittal Kryvyi Rih" dated N{ay 1 |,2021, we demand to ter- pJsc minate the labor agreement (contract) with the chief Executive officer of "ArcelorMittal Kryvyi Rih" - Mauro Longobardo. Iп ассоrdапсе luith Clause в.4.1. of the Charter of PJSC "ArcelorMittal Klyvyi Rih"; "The sole Executive Body of the Соmрапу, whichmaпages its сurrепt ac-tiyities, shall Ье the сЕо. The СЕо, solely, at his оwп discretioп апd uпdеr his оwп respoпsibility, shall mаkе all decisioпs оп matters withiп his соmреtепсе ..
    [Show full text]
  • Annual Report 2019 Contains a Full Overview of Its Corporate Stakeholder Expectations As Well As Long-Term Trends Governance Practices
    Table of Contents Management report Company overview 4 Business overview 5 Disclosures about market risk 44 Group organizational structure 47 Key transactions and events in 2019 50 Recent developments 53 Research and development 54 Sustainable development 57 Corporate governance 67 Luxembourg takeover law disclosure 108 Additional information 110 Chief executive officer and chief financial officer’s responsibility statement 115 Financial statements of ArcelorMittal parent company for the year ended December 31, 2019 116 Statements of financial position 117 Statements of operations and statements of other comprehensive income 118 Statements of changes in equity 119 Statements of cash flows 120 Notes to the financial statements 121 Report of the réviseur d’entreprises agréé 170 4 Management report Company overview other countries, such as Kazakhstan, South Africa and Ukraine. In addition, ArcelorMittal’s sales of steel products History and development of the Company are spread over both developed and developing markets, which have different consumption characteristics. ArcelorMittal is the world’s leading integrated steel and ArcelorMittal’s mining operations, present in North and mining company. It results from the merger in 2007 of its South America, Africa, Europe and the CIS region, are predecessor companies Mittal Steel Company N.V. and integrated with its global steel-making facilities and are Arcelor, each of which had grown through acquisitions over important producers of iron ore and coal in their own right. many years. Since its creation ArcelorMittal has experienced periods of external growth as well consolidation Products: ArcelorMittal produces a broad range of high- and deleveraging (including through divestments), the latter quality finished and semi-finished steel products (“semis”).
    [Show full text]
  • 2020-Arcelormittal-Annual-Report.Pdf
    Table of Contents Page Page Share capital 183 Management report Additional information Introduction Memorandum and Articles of Association 183 Company overview 3 Material contracts 192 History and development of the Company 3 Exchange controls and other limitations affecting 194 security holders Forward-looking statements 9 Taxation 195 Key transactions and events in 2020 10 Evaluation of disclosure controls and procedures 199 Risk Factors 14 Glossary - definitions, terminology and principal 201 subsidiaries Business overview Chief executive officer and chief financial officer’s 203 Business strategy 35 responsibility statement Research and development 36 Sustainable development 40 Consolidated financial statements 204 Products 54 Consolidated statements of operations 205 Sales and marketing 58 Consolidated statements of other comprehensive 206 Insurance 59 income Intellectual property 59 Consolidated statements of financial position 207 Government regulations 60 Consolidated statements of changes in equity 208 Organizational structure 67 Consolidated statements of cash flows 209 Notes to the consolidated financial statements 210 Properties and capital expenditures Property, plant and equipment 69 Report of the réviseur d’entreprises agréé - 322 consolidated financial statements Capital expenditures 91 Reserves and Resources (iron ore and coal) 93 Operating and financial review Economic conditions 99 Operating results 120 Liquidity and capital resources 132 Disclosures about market risk 137 Contractual obligations 139 Outlook 140 Management and employees Directors and senior management 141 Compensation 148 Corporate governance 164 Employees 173 Shareholders and markets Major shareholders 178 Related party transactions 180 Markets 181 New York Registry Shares 181 Purchases of equity securities by the issuer and 182 affiliated purchasers 3 Management report Introduction Company overview ArcelorMittal is one of the world’s leading integrated steel and mining companies.
    [Show full text]
  • Investor Presentation
    A Compelling Iron Ore Investment Opportunity Corporate Presentation October 2014 TSX: BKI Disclaimer Forward Looking Statement TSX: BKI This Presentation contains ‘‘forward-looking information’’ within the meaning of applicable Canadian securities legislation. Forward-looking information is based on what management believes to be reasonable assumptions, opinions and estimates of the date such statements are made based on information available to them at that time, including those factors discussed in the section entitled ‘‘Risk Factors’’ in the Company’s annual information form for the year ended December 31, 2013 (and dated March 14, 2013) or as may be identified in the Company’s public disclosure from time to time, as filed under the Company’s profile on SEDAR at www.sedar.com. Forward-looking information may include, but is not limited to, statements with respect to results of the Feasibility Study (as defined below) and the mineral reserve and resource estimate, the future financial or operating performance of the Company, its subsidiaries and its projects, the development of and the anticipated timing with respect to the Shymanivske project, the ability to obtain financing on commercially reasonable terms; and the impact of concerns relating to permitting, regulation, governmental and local community relations, including the results of upcoming Presidential elections and Western and Russian responses to the results of said elections. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or “completion of the transaction with Metinvest” or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
    [Show full text]
  • JSC PROMARMATURA Possibilitys of Joint Business in Ukraine
    JSC PROMARMATURA possibilitys of joint business in Ukraine 2 3 Ladies and gentlemen Promarmatura company expresses its respect and presents opportunities for joint business in Ukraine. Promarmatura is the largest Ukrainian manufacturer and integrated supplier of pipe valves of different grades of ordinary and special steels and alloys For more than 20 years of work Promarmatura proved itself a reliable partner, upplying its products to dozens of companies from Ukraine, Russia, Kazakhstan, Belarus, Bulgaria, Austria. Yours faithfully The reference list on page 8 All activities of the company Promarmatura certified for compliance with the international standard of quality Igor Mezhebovsky management ISO 9001 and European standards and General Director directives JSC PROMARMATURA Permits and certificates on page 6 The ownership of the company - a full cycle product plant, including metallurgical and forging production, the production of machinery products in Mirgorod Poltava region (the largest agricultural area for growing corn and the leading region of Ukrainian oil and gas productuion) and the city of Dnipropetrovsk region - Slavgorod (the largest industrial region), as well as business center and warehouse in Dnepropetrovsk. The structure of the company on page 4 AlexanderChelyadin Our industrial, technological, logistical and human resources Board of Directors Chairman give us ability to expand existing business, developing new SC PROMARMATURA types of metallurgical and engineering products, and create almost new projects. We can offer you are in our property warehouses and operating enterprises (including the land on which our facilities are located) with all theirs infrastructure for the creation of new businesses – up to a complete change of the profile of one of our plants.
    [Show full text]
  • Use of Free-Range Poultry Eggs As an Indicator of the Pollution in Eastern Ukraine
    Kyiv–PRAGUE 2018 USE OF FREE-RANGE POULTRY EGGS AS AN INDICATOR OF THE POLLUTION IN EASTERN UKRAINE Results of sampling conducted in 2018 This report is based on the results of environmental sampling con- ducted in Ukraine in May 2018 as a part of the project named Stop poisoning Ukraine: Coalition for Clean Air, financed by the Transi- tion Promotion Programme of the Ministry of Foreign Affairs of the Czech Republic. The views expressed herein do not necessarily re- flect the official opinion of the donor. Use of free-range poultry eggs as an indicator of the pollution in Eastern Ukraine Results of sampling conducted in 2018 This report is published in English and Ukrainian. Author: RNDr. Jindřich Petrlík, Arnika – Toxics and Waste Programme, the Czech Republic Contributing authors: Mgr. Jitka Straková, Arnika – Toxics and Waste Programme, the Czech Republic Martin Skalský, Arnika – Center for Citizens’ Support, the Czech Republic Maksym Soroka, M.S. SSR Laboratory “Environmental Protection” DNURT Ukraine Photos: Stanislav Krupař/Arnika Graphic design: www.typonaut.cz Proofreading: Simon Gill Kyiv–Prague, 2018 ISBN: 978-80-87651-48-3 | 3 | Contents 1. Introduction 4 1.1 Acknowledgements 4 1.2 Abbreviations 4 2. Sampling 8 2.1 Description of the sites 8 2.1.1 Kharkiv 8 2.1.2 Mariupol 8 2.1.3 Kryvyi Rih 8 2.2 Sampling and Analytical Methods 14 3. The Ukrainian, Russian, and EU Limits for POPs in Eggs 16 4. Results 17 4.1 Unintentionally produced POPs 17 4.1.1 Dioxins (PCDD/Fs) and PCBs 17 4.1.2 Hexachlorobenzene, pentachlorobenzene, and hexachlorobutadiene 20 4.2 Polychlorinated biphenyls (PCBs) 21 4.3 Organochlorinated pesticides 21 5.
    [Show full text]
  • REFERENCE LIST of Works on Supervision of Erection and Commissioning Gas Purification Equipment SME "Dneproenergostal" Ltd
    REFERENCE LIST of works on supervision of erection and commissioning gas purification equipment SME "Dneproenergostal" Ltd № Customer Carried out works Year OJSC "Zaporizhstal Steel Works", Zaporozhye, Aspiration unit for blast furnace №3 of the casting yard using a 1 2002 Ukraine dust collector FRIR-11500 2 PJSC "Dneprospetsstal", Zaporozhye, Ukraine Aspiration unit for electric-arc furnaces "DSP-50" and "SPC-2" 2002 Gas purification of the electric-steelmaking furnaces "DSPT-12" (3 3 CJSC "Ferrotrading", Zaporozhye, Ukraine 2003 psc) based on the dust collector FD-950 Aspiration units of packing machines using a dust collectors FRIR- 4 OJSC "Yug-cement", Nikolaev region, Ukraine 2003 36 and FRIR-70 OJSC "Zaporizhstal Steel Works", Zaporozhye, 5 Gas purification after the reconstruction of Martin furnace №6 2003 Ukraine OJSC "Zaporizhstal Steel Works", Zaporozhye, Evaporative cooling systems for stack and stoves of blast furnace 6 2003 Ukraine №2 OJSC "Zaporizhstal Steel Works", Zaporozhye, 7 Surge suppression units of blast furnace № 2 interbell space 2003 Ukraine 8 OJSC "Nikopol ferro alloy plant", Nikopol, Ukraine Aspiration system for GAS-3-plant of the ferroalloys production 2004 Process gas purification for closed ferroalloy furnace № 2 of 9 OJSC "Nikopol ferro alloy plant", Nikopol, Ukraine 2004 ferroalloys production plant OJSC "Zaporizhstal Steel Works", Zaporozhye, Evaporative cooling systems for Martin furnaces, blast furnaces 10 2004 Ukraine and heater furnaces 11 PJSC "Dneprospetsstal", Zaporozhye, Ukraine Gas purification
    [Show full text]
  • Review of Agricultural Investment Policies of Ukraine
    This project is co-financed by the European Union SECTOR COMPETITIVENESS STRATEGY FOR UKRAINE – PHASE III Review of Agricultural Investment Policies of Ukraine Project Report December 2015 1 ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT The OECD is a unique forum where governments work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies. The OECD member countries are: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The European Union takes part in the work of the OECD. www.oecd.org OECD EURASIA COMPETITIVENESS PROGRAMME The OECD Eurasia Competitiveness Programme, launched in 2008, helps accelerate economic reforms and improve the business climate to achieve sustainable economic growth and employment in two regions: Central Asia (Afghanistan, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan and Uzbekistan), and Eastern Europe and South Caucasus (Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine). The Programme contributes to the OECD outreach strategy implemented by the Global Relations Secretariat. www.oecd.org/globalrelations/eurasia.htm UKRAINE SECTOR COMPETITIVENESS STRATEGY – PHASE III The OECD project “Sector Competitiveness Strategy for Ukraine” was launched in 2009.
    [Show full text]
  • Embracing the New Reality
    Metinvest Annual Report and Accounts 2015 EMBRACING THE NEW REALITY Annual Report and Accounts 2015 STRATEGIC REPORT SUSTAINABILITY REPORT 01 2015 Highlights 46 Human Resources 04 Embracing the New Reality 48 Health and Safety 04 – External Challenges 50 Environment and Communities 08 – Internal Initiatives 10 Chief Executive Officer’s Review FINANCIAL STATEMENTS 16 Business Model 55 Independent Auditor’s Report 18 Strategy 56 Abbreviated Consolidated Balance Sheet 57 Abbreviated Consolidated OPERATIONAL AND FINANCIAL REPORT Income Statement 22 Divisional Review 58 Abbreviated Consolidated Statement 22 – Metallurgical of Comprehensive Income 24 – Mining 59 Abbreviated Consolidated Statement of Cash Flows 26 Financial Review 60 Abbreviated Consolidated Statement of Changes in Equity GOVERNANCE REPORT 61 Notes to the Abbreviated Consolidated 36 Chairman’s Statement Financial Statements – 31 December 2015 38 Corporate Governance 40 Supervisory Board ADDITIONAL INFORMATION 42 Executive Committee 104 Parent Company and Principal Subsidiaries 105 Sales Offices 108 Glossary and Abbreviations We are Metinvest, an international, vertically integrated steel and mining group with assets in Ukraine, Europe and the US. We manage each link of the production chain: from mining iron ore and coal and producing coke to manufacturing value-added steel products. WWW.METINVESTHOLDING.COM Strategic reportStrategic 2015 Highlights In 2015, Eastern Ukraine experienced further turbulence, while Revenues report financial and Operational global benchmark prices for steel and iron ore reached lows not US$6,832M seen in 10 years. Metinvest reconfirmed its ability to navigate -35% rapidly changing situations proactively, as it moved to embrace Revenues declined year-on-year in 2015, the new business reality. driven by the operational challenges in Eastern Ukraine and the bearish demand and prices on global markets for key products.
    [Show full text]
  • Ukrainian Iron & Steel Industry in Figures 2020
    Ukrainian Iron & Steel Industry in Figures 2020 СONTENTS INTRODUCTION 4 IMPACT OF IRON&STEEL INDUSTRY OF UKRAINE 5 UKRAINIAN IRON & STEEL INDUSTRY MAP 6-7 STEEL PRODUCTION: 8-11 By process By company By product INTERNATIONAL TRADE: 12-16 Steel export by product Steel export by country Steel import by product Steel import by country STEEL CONSUMPTION: 17-19 By product By sector RAW MATERIALS: 20-23 Iron ore Coke Scrap Ferroalloys TOP 10 FACTS ABOUT UKRAINIAN IRON & STEEL INDUSTRY 24 WHY EAF STEEL PRODUCTION IS POORLY DEVELOPED IN UKRAINE 25 gmk.center ⁄ 3 ІNTRODUCTION Ladies and gentlemen, GMK Center published another annual analytical report on Ukraine’s steel industry, Ukrainian Iron & Steel in Figures 2020. It is a complex product which contains minimum text and maximum information on operations of Ukrainian steel companies and entire supply chain. This document provides insight into the role that Ukraine plays in the global value chain, and into the changes which took place over the past year. And changes did take place, since the global steel industry is undergoing a number of challenges and transformations. The last year was a tough time for the domestic steel industry because there was a number of internal economic challenges and weak markets in H2 2019. Understanding local specifics enables us to go deeper into the matters and have a closer look at the reasons and consequences, and make reasonable forecasts. This document will tell you: • How the presidential election influenced steel consumption in Ukraine’s domestic market. • What changes steel exports from Ukraine underwent Understanding local specifics after the EU and MENA had applied a number of safeguard enables us to go deeper measures.
    [Show full text]