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Yenakiievo Authorities approve an Environmental Improvement Programme for the Town

31 May 2013

Yenakiievo Town Council approved an Environmental Improvement Programme to be implemented in the town for 2013 – 2020. The document passed by a solid vote of deputies present at the 37th Session of Yenakiievo Town Council on May 29th, 2013. The total programme funding amounts to UAH 3.5 bln. Yenakiieve Steel undertakes to cover 99% of total sum.

Yenakiievo Environmental Improvement Programme is a set of interrelated actions aimed at carrying out the environmental policy and resolving the burning problems of the town with due regard to its geographical, socioeconomic and administrative features.

The Green Programme includes environmental activities for 26 businesses of the town. According to Programme content Yenakiieve Steel undertakes to carry out 14 activities focused on air and water pollution control within the town, as well as production wastes sustainable utilization and storage. New Sinter Plant equipped with state-of-the-art cleaning systems to be constructed at Yenakiieve Steel headed the list.

The Programme includes 98 activities for a total amount of UAH 3.5 bln. The funds allocated by regional administration come to UAH 198.2 mln., funds from the local administration come to UAH 33.5 mln. and the Yenakiieve Steel share amounts to UAH 3.3 bln. Thus Yenakiieve Steel covers 99% of the total amount.

The Programme has been developed by Donetsk Institute of Ecology State Enterprise by order of the President of Ukraine dd. 16.03.2013, under the auspices of the Mayor upon a decision of the Town Council dd. 24.04.2013 No. 6/36-1165 “On approval of Environmental Improvement Strategy for Yenakiievo till 2020”.

For editors:

PJSC Yenakiieve Iron and Steel Works, comprised of Yenakiieve Steel and its Makiivka branch, is a world leader in commercial billet production. The company produces cast billet, bar products and various section rolled products (beams, channels, angles, etc.) as well. Yenakiieve Steel is the only producer of shapes for elevator tracks within Ukraine. Yenakiieve Steel production performance for 2011 is as follows:  1,9 mln. tones of hot sinter, 2,3 mln. tones HM, 2,7 mln. tones of liquid steel, 2,6 mln. tones of rolled product.

Two up-to-date blast furnaces (BF No.3 and BF No.5) and first continuous casting machines (CCM) manufactured in Ukraine are operating at Yenakiieve Steel. In 2012 BF No.3 was acknowledged as the best industrial facility in Ukraine according to the competition by Ministry of Regional Development, Construction and Housing of Ukraine.

For the second time Yenakiieve Steel implements in its towns of its presence (Yenakiievo and Makiivka) the “We improve our town with our own hands” social programme. The allocated funds amounted to USD 500 th. for 2011-2012.

In 2012 Yenakiieve Steel management and local authorities signed “Town-Works” social and economic development agreement, aimed at creating comfortable living conditions for citizens.

Yenakiieve Steel is a part of Metinvest Group’s Metallurgical Division.

METINVEST GROUP is an international vertically integrated steel and mining group of companies, managing every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. The Group comprises steel and mining production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. Metinvest’s strategic vision is to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns at above the industry benchmarks.

The major shareholders of the Company METINVEST B.V. (a holding company of Metinvest Group) are SCM Group (71.25% ownership) and Smart-Holding (23.75% ownership) partnering in Company’s management.

METINVEST HOLDING LLC is the managing company of Metinvest Group.

Get more information at www.metinvestholding.com