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  • Sheet steel in Mariupol, Dnipro and Kiev

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Ukrainian Metinvest intends to implement cost reduction plan

Украинский Метинвест намерен реализовать план сокращения затрат

Metinvest, a major steel producer on the Ukrainian market, strived to match profitable expectations with the difficult economic situation with minimal losses.

While the Iron-Trade plant, which produces corrugated board and metal roofing, is confidently expanding its production, having fifty representative offices in Ukraine and four centers for the production of roofing and facade materials. The company provides high quality products using certified metal. To find out about promotional offers it is enough go to the site of the Iron-Trade company, where you can also get acquainted with the assortment of the produced corrugated board, metal tiles, gutters and other products.

According to official statements, Metinvest will suspend the implementation of some investment plans, but the technology strategy and projects with significant environmental impact will continue.

The transformation was aimed at reducing fixed and administrative costs. Metinvest will cut about 30% of its administrative staff, but the cost-effective plan will not affect the production activities of the international company.



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