Rinat Akhmetov will direct UAH 1 billion to help Azovstal defenders

Metinvest Group shareholder Rinat Akhmetov decided to launch a project to help the defenders of Azovstal and their families, as well as the families of fallen soldiers. SCM website reports about it.

The project was named «Heart of Azovstal». According to the message, the funds will be directed to various needs – from treatment, psychological assistance, prosthetics to the fulfillment of targeted requests.

According to Rinat Akhmetov, in order to ensure the transparency of the project, a professional, independent team will be formed that will interact with the defenders of Azovstal, their families, patronage services and volunteers.

As GMK Center reported earlier, during the 10 months of the war, Metinvest Group directed more than UAH 2.8 billion to strengthen the country’s defense capabilities, support employees and civilians. As part of Rinat Akhmetov’s Steel Front military initiative, UAH 1.5 billion from the total amount was allocated to the needs of the army.

The company also established a systematic supply of necessary items to the front. In particular, the enterprises of the group handed over 69 special mobile shelters to the front.

Metinvest is one of the largest suppliers of ammunition for the army among private Ukrainian businesses. The country’s defenders received 25,000 helmets and 150,000 body armors from the company, most of which are produced in Ukraine. For this purpose, the group’s enterprises established their own production of steel for armor plates.

  • Industry
  • Global Market

Electricity prices in Europe fell significantly in April

Electricity prices in Europe fell significantly in April Blackouts in Spain and Portugal at the…

Thursday May 8, 2025
  • Infrastructure
  • Society

TEST 10 key themes for steel and ferro-alloys in 2025: challenges and opportunities | 2025 preview

The global steel market faced challenging conditions throughout 2024, with 2025 presenting new hurdles and…

Thursday May 1, 2025

How to read President Trump’s Congressional address: metal edition

US President Donald Trump’s address to Congress on Tuesday March 4 contained key strategic policy…

Monday April 28, 2025
  • Infrastructure

TEST European steel companies scramble for alternative transport after Moselle river accident

A crash involving a ship carrying a cargo of scrap on Sunday left serious damage…

Tuesday April 22, 2025
  • Global Market

TEST European Union reduced steel exports by 8% y/y in January-May

In January-May 2023, steel companies of the European Union (EU) reduced the export of steel…

Monday July 24, 2023
  • Companies

SSAB increased its steel supply by 2.5% y/y in the first half of 2023

The Swedish steel producer SSAB in the first half of 2023 increased steel shipments by…

Monday July 24, 2023