Metinvest BV 2015 AR2
The report highlights Metinvest's performance in 2015, a year marked by geopolitical conflict in Eastern Ukraine and record-low global steel and iron ore prices. Despite these challenges, the company restored production at all its steelmaking facilities and achieved US$201 million in operational savings. Metinvest embarked on a debt restructuring process with its creditors and continued its Technological Strategy, investing US$285 million in capital expenditures with a focus on environmental footprint reduction. Additionally, the company spent US$24 million on social initiatives, including humanitarian aid through the Rinat Akhmetov Humanitarian Centre.
Company: Metinvest BV
Country: Netherlands
Year: 2015
Type: AR2
Pages: 116
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Metinvest BV
Annual Report And Accounts
The report highlights Metinvest's performance in 2015, a year marked by geopolitical conflict in Eastern Ukraine and record-low global steel and iron ore prices. Despite these challenges, the company restored production at all its steelmaking facilities and achieved US$201 million in operational savings. Metinvest embarked on a debt restructuring process with its creditors and continued its Technological Strategy, investing US$285 million in capital expenditures with a focus on environmental footprint reduction. Additionally, the company spent US$24 million on social initiatives, including humanitarian aid through the Rinat Akhmetov Humanitarian Centre.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees