Sunday09 March 2025
vsedelo.com

In 2024, Zaporizhstal allocated 938 million UAH for capacity support, with plans to invest up to 1.1 billion UAH in 2025.

In 2024, the Zaporizhstal Metallurgical Plant allocated 938 million UAH for the maintenance of its production capacities, with plans to increase investments to 1.1 billion UAH in 2025.
В 2024 году "Запорожсталь" инвестировала 938 млн грн в поддержку мощностей, а в 2025 году планирует увеличить вложения до 1,1 млрд грн.

The Zaporizhzhia Metallurgical Plant "Zaporizstal" allocated 938 million UAH for the maintenance of production capacities in 2024, with plans to increase investments to 1.1 billion UAH in 2025.

According to the company's information, "Zaporizstal" carried out capital repairs of major production units in 2024 as part of its investment program, as well as implemented investment projects in labor protection, information technology, and the social sphere, totaling 938 million UAH in investments.

Among the key equipment upgrade projects completed in 2024 are the repairs of blast furnaces No. 2, 3, and 4, with total investments exceeding 230 million UAH. Similar investments were directed toward a comprehensive overhaul of the main units in the rolling mill.

The plant also completed the capital repair of equipment for two agglomeration machines, including the revision of environmental protection equipment. Additionally, a number of investment projects aimed at digitalizing production processes and upgrading IT infrastructure have been implemented. Each year, the enterprise invests in improving working conditions for its employees: two sanitary and household facilities were extensively renovated, and two new modular sanitary buildings were installed.

As noted by the acting general director of the metallurgical plant, Taras Shevchenko, the main focus of the capital investment program is concentrated on supporting the efficient and uninterrupted operation of production equipment and its purification facilities.

"A functioning enterprise ensures the employment of specialists, export and foreign currency revenue, contributions to the state budget, and support for the region where it operates, among other things. Despite the challenging economic situation, 'Zaporizstal' is gradually increasing its capital investment volumes in production during the war: in 2022, investments were 500 million UAH, in 2023 - 750 million UAH, and in 2024 - 938 million UAH. The capital investment budget for 2025 is planned at 1.1 billion UAH, and we are already implementing the first projects from the planned ones," the top manager stated.

Specifically, in 2025, the plant will carry out capital repairs of DP No. 3, two agglomeration machines, BTLs-1680 stands, Slabbing-1150, heating wells, and the BTA-4 line, modernize the rolling production, and update the household facilities of the steelmaking shop, the water supply shop, and implement several other projects.

"Zaporizstal" is one of the largest industrial enterprises in Ukraine, whose products are in high demand among consumers both in the domestic market and in many countries around the world.

"Zaporizstal" is in the process of integrating into the "Metinvest" group, the main shareholders of which are Public Joint Stock Company "System Capital Management" (71.24%) and the Smart Holding group of companies (23.76%).

LLC "Metinvest Holding" is the managing company of the "Metinvest" group.