This is probably the best financial result in the history of this mining and metallurgical holding. Shareholders and management were planning to develop, prepared to build a private technical university in Mariupol, but everything changed on February 24. Video day, a full -scale invasion of Russia into Ukraine has virtually stopped not only the development of Akhmetov/Novinsky, but the entire industry.
Moreover, from the first days of the war, Mariupol, a key city in the production chain of the Metinvest Group, found itself. Here are the Metrobinbates them. Illich and Azovstal. The second of them is known to the whole world today, as the center of heroic resistance of Ukrainian defenders, who for many days have held back the attacks of the enemy, whose strength has been more or even orders. That is why the azovstal was actually destroyed as a result of shelling and bombing.
Situation with MMK them. Elijah is foggy. In addition, Metinvest stopped the largest in Europe, Avdiivsky Coke and lost control over some assets, such as the Zaporozhye Iron Ore Combine (owned with Slovak investors). The rest of the Ukrainian enterprises work with minimal loading. The exception is foreign assets. They managed to find new sources of semi -finished products instead of those who were previously supplied from Mariupol.
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