Investor Presentation
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Rising to the Challenge
RISING TO THE CHALLENGE ANNUAL REPORT AND FINANCIAL STATEMENTS 2012 METINVEST ANNU METINVEST A L REPO L R T T A ND F ND IN A NCI A L ST A TE M ENTS 2012 WHILE 2012 WAS A CHALLENGING YEAR FOR METINVEST, OUR MARKETS AND THE GLOBAL ECONOMY, WE WERE PROACTIVE. IN RESPONSE TO THE CHALLENGES, WE HAVE TAKEN A SERIES OF DECISIVE ACTIONS IN LINE WITH OUR LONG-TERM STRATEGY TO PROTECT OUR STABLE FINANCIAL POSITION AND MARKET LEADERSHIP. Key Strategic Actions: #1: We have adapted our capital expenditure plans to focus on the most efficient investments in line with our Technological Strategy READ MORE ON PAGES 12-13 #2: We have pursued greater efficiency, quality and customer satisfaction through continuous improvement and lean production implementation READ MORE ON PAGES 14-15 #3: We have launched a major initiative to optimise working capital and enhance liquidity across the Group READ MORE ON PAGES 16-17 #4: We have adjusted and strengthened sales by expanding our network, focusing on strategic markets and balancing our product range READ MORE ON PAGES 18-19 STRONG MODEL IN STRATEGIC REVIEW OF OUR FINANCIAL ADDITIONAL INTRODUCTION CHALLENGING TIMES OVERVIEW THE YEAR GOVERNANCE SUSTAINABILITY STATEMENTS INFORMATION INTRODUCTION Metinvest is a leading steel producer in WE ARE METINVEST: the CIS and one of the top 30 steelmakers and top 10 iron ore producers in the world. A VERTICALLY INTEGRATED We are resourceful, managing every part of the value chain, from mining and processing STEEL AND MINING GROUP iron ore and coal to making and selling steel products. -
Metinvest Today
METINVEST SOCIAL REPORT 2009-2010 1 METINVEST'S CSR REPORT FOR 2009-10 HAS BEEN PREPARED IN ACCORDANCE WITH THE SUSTAINABILITY REPORTING GUIDELINES OF THE GLOBAL REPORTING INITIATIVE AND MEETS THE GRI'S B+ APPLICATION LEVEL 2 SOCIAL REPORT 2009-2010 METINVEST METINVEST SOCIAL REPORT 2009-2010 3 METINVEST AT GLANCE 2009-10 * STRONGER NEW GLOBAL №1 STRATEGIC PRESENCE Today Metinvest exports a large part of its IN THE TOP 100 output to more than 1,000 consumers in 75 UKRAINIAN BUSINESS PROSPECTS countries. Metinvest has approved a development strategy to 2020 Metinvest, is introducing quality-control and FOR MORE DETAILS, SEE PAGE 18 that targets long-term sustainable growth through the LEADERS RATING production-safety programmes at its PRODUCT QUALITY economic cycle. Each goal includes objectives for doing enterprises, and it works with consumers in Metinvest's Ukrainian enterprises paid business responsibly. various different ways. *For more on Metinvest's global presence, see www.metinvestholding.com MORE THAN SEE PAGE 12 FOR MORE ABOUT THE STRATEGY FINANCIAL CONSOLIDATED REVENUE: HIGHLIGHTS US$1,389.4m US$9,358m FOR 2010 ADJUSTED EBITDA IFRS: IN TAXES US$2,552m JOINT OPERATIONAL 35.7mt Iron ore IMPLEMENTATION HIGHLIGHTS concentrate PROJECTS FOR 2010 In 2010 in the first phase of the joint implementation project to utilise coal-gas at Krasnodon Coal, Metinvest received€ 598,000. Over the five years of the first commitment period of the Kyoto Protocol, it expects to reduce greenhouse-gas emissions across 10.1mt 8.7mt all joint projects by more than 8 million tonnes of CO2 Coking coal equivalent. -
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. -
Sales Offices
SALES OFFICES UKRAINE LVIV METALS SERVICE CENTRE BELGOROD SALES OFFICE 93 Kulparkivska Street, Office 307, 49a Pushkina Street, Lviv 79021, Ukraine Belgorod 308015, Russia METINVEST-SMC LLC Tel: +380 32 232 53 35 Tel: +7 472 221 84 75 HEAD OFFICE Fax: +380 32 232 53 05 15a Leiptsyzka Street, KRASNODAR SALES OFFICE Kyiv 01015, Ukraine MARIUPOL METALS SERVICE CENTRE Office 706, 709, 75/1 Uralskaya Street, Tel: +380 80 030 30 70 31a Zori Street, Krasnodar 350059, Russia Tel: +380 44 581 44 37 Mariupol 87500, Ukraine Tel: +7 861 201 26 06 Fax: +380 44 581 44 88 Tel: +380 62 940 94 75 Fax: +380 62 940 94 76 LIPETSK SALES OFFICE BROSHNIV-OSADA METALS Office 405, 29 Pobedy Avenue, SERVICE CENTRE MYKOLAIV BRANCH OFFICE AND Lipetsk 398024, Russia 58b Sichnya 22nd Street, Broshniv-Osada METALS SERVICE CENTRE Tel: +7 474 224 15 36 77611, Ivano-Frankivsk Region, Ukraine 28 Yavornytskoho Street, Tel: +380 34 744 71 48 Mykolaiv 54044, Ukraine MOSCOW SALES OFFICE Fax: +380 34 744 64 74 Tel/Fax: +380 51 276 71 28 Office 8, Block I, 1/1, Vasilisy Kozhinoy Street, BROVARY METALS SERVICE CENTRE ODESA BRANCH OFFICE Moscow 121096, Russia 1 Khmelnytskyi Street, Brovary 07400, 33b Shevchenko Avenue, Office 10, Tel: +7 495 739 26 26, extension: 7763 Kyiv Region, Ukraine Odesa 65044, Ukraine Tel/Fax: +380 45 946 70 30 Tel/Fax: +380 48 776 02 00 NIZHNY NOVGOROD SALES OFFICE 80 Orehovskaya Street, DNIPRO BRANCH OFFICE ODESA METALS SERVICE CENTRE Nizhny Novgorod 603086, Russia AND METALS SERVICE CENTRE 23/1 Novomoskovska Doroha, Tel: +7 831 261 04 89 15 Yakhnenkivska -
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 .................................................................................................................................................................... -
Assessment Report Improving the Health and Safety of Miners in Eastern Ukraine Published by the United Nations Development Programme (UNDP) in Ukraine
ASSESSMENT REPORT IMPROVING THE HEALTH AND SAFETY OF MINERS IN EASTERN UKRAINE Published by the United Nations Development Programme (UNDP) in Ukraine Kyiv, Ukraine, November 2012 © UNDP, 2012 — All rights reserved All rights reserved. The views expressed in this publication are the author’s and do not necessarily represent those of the United Nations, including UNDP or its Member States. The mention of specific companies does not imply that they are endorsed or recommended by UNDP in preference to others of a similar nature. UNDP does not warrant that the information contained in this publication is complete and correct and shall not be liable for any damages incurred as a result of its use. United Nations Development Programme in Ukraine 1, Klovsky Uzviz Str. Kyiv, 01021, Ukraine Contents Contents EXECUTIVE SUMMARY. 5 KEY FINDINGS . .6 1. INTRODUCTION. 8 1.1 Miners. 8 1.2 Mining Industry. 8 1.3 National Priorities. .8 1.4 Gender Considerations . 9 2. COMMUNITY MEETINGS. 10 2.1 Methodology . .10 2.2 Factors Affecting the Health and Safety of Miners . 10 3. HEALTH DATA ON MINERS. 11 3.1 Key Findings from the Medical Exams of Miners . .11 3.2 Methodology for Conducting and Analysing the Medical Exams. 11 3.3 Health Data on Miners. 11 4. SAFETY DATA ON MINERS . .17 4.1 Key Findings. 17 4.2 Safety Data on Miners. 17 5. OPINION SURVEYS OF MINERS IN ROVENKY AND SVERDLOVSK . .18 5.1 Key Findings from Rovenky and Sverdlovsk . 18 5.2 Miners’ Opinions on Health . .18 5.3 Miners’ Opinions on Safety. -
Mariupol Metals Workers Help to Restore the Vostochny Microdistrict
25 май 2015 Mariupol metals workers help to restore the Vostochny microdistrict Metinvest Group's metallurgical plants in Mariupol allocated UAH 6 million for restoration work in the Vostochny microdistrict that was damaged during an artillery shelling on 24 January. Construction teams from the plant installed glass windows in about 1,500 apartments and repaired dozens of private houses. Two damaged schools and four kindergartens were repaired and recommissioned. In February, Ilyich Iron & Steel Works of Mariupol repaired Regular Education School #57, Specialized School #5, and Kindergartens #47 and #165. Azovstal restored Kindergarten #42, which was damaged by a shock wave. By April, Ilyich Iron & Steel Works of Mariupol, Azovstal and Zaporizhstal had completed construction and repair work at Kindergarten #160, which had sustained the most damage from the attack. About 1,000 iron and steel workers worked every day in the Vostochny microdistrict. Besides the costs to renew the damaged infrastructure, the metallurgical plants allocated about UAH 2.2 million to residents to restore their residences themselves. The "We Help" Humanitarian Crisis Center of Rinat Akhmetov's Fund rendered a substantial amount of aid to Mariupol residents who were in need. The humanitarian organization sent medicine and provided hospitals with everything to treat victims already on the day of the attack. Volunteers from the fund also provided qualified psychological assistance to victims and their relatives. Yuriy Ryzhenkov, Metinvest Group CEO: "Despite our huge financial issues, our metallurgical plants gave a helping hand to all residents who suffered because of the attacks. Helping all of the victims is a principle from SCM shareholder Rinat Akhmetov. -
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 .. -
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”). -
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 . -
Un Global Compact Communication on Progress 2015
METINVEST HOLDING, LLC 116-A, Nakhimova av., Mariupol 87534 Ukraine www.metinvestholding.com Phone: +38 062 388 16 16 Fax: +38 062 388 16 00 E-mail: [email protected] UN GLOBAL COMPACT COMMUNICATION ON PROGRESS 2015 STATEMENT OF SUPPORT FROM METINVEST’S CHIEF EXECUTIVE OFFICER Dear readers, Metinvest Group is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It has steel and mining production facilities in Ukraine, EU and the US, as well as a sales network covering all key global markets. By a number of indicators, Metinvest is the largest private company of Ukraine, and it occupies the 13th place among the largest companies in Central and Eastern Europe - Deloitte TOP-500 by results of 2015. Metinvest is the largest in Ukraine and one of the largest CIS producers of iron ore raw materials and steel. Metinvest is in the top 50 largest steel companies in the world according to the World Steel Association. Reported 2015 was a difficult year for us, both in Ukraine and globally. The Ukrainian economy suffered a sharp contraction, exacerbated by the crisis in the east of the country. As such, I consider it a major achievement that we were able to restore and maintain production at all of our steel plants after the disruptions during 2014 and the first quarter of 2015. We should never forget the bravery and teamwork demonstrated by our employees and managers on the ground in Eastern Ukraine. -
New Directors Appointed at Iron Ore Enrichment Works of Metinvest
28 сеп 2010 New directors appointed at iron ore enrichment works of Metinvest Andrey Levitskiy, previously the head of production department in the Iron ore division of Metinvest, has been appointed General Director of PJSC Ingulets Iron Ore Enrichment Works. Pavel Timoshenko, the former Director of CJSC KZGO, has been appointed General Director of PJSC Central Iron Ore Enrichment Works. On September 24, 2010, the resolutions on appointments were adopted by general shareholders’ meetings based on the recommendation from respective Supervisory boards. Pavel Timoshenko is 42 years old. His career began as a melter’s helper in 1986 at PJSC Druzhkovsky machine engineering plant, where he worked until 2002 to become vice chairman of the board on potential development. In 2003— 2005 Pavel Timoshenko worked as deputy director on economic and personnel issues, and subsequently a director at Metallurg Ltd. From 2005 till 2006 Pavel was a deputy financial director at Central Iron Ore Enrichment Works. And since 2006 and until the present appointment he worked as general director of CJSC KZGO. Andrey Levitskiy is 45 years old. From 1989 to 2006 he worked at PJSC Southern Iron Ore Enrichment Works, where he developed from a thermal drilling machine operator to a director of mine administration. In 2006 Andrey was appointed production director, and later – chief engineer at PJSC Northern Iron Ore Enrichment Works. From 2009 and up to the date he worked as a head of production department at iron ore division of Metinvest Group. Introducing new directors to the works’ staff, the director of Iron ore division Nikolay Ischenko noted: “Appointed managers are professionals with vast experience and many successfully implemented projects.