Dutch company Metinvest has increased its stakes in Yenakievsky and Khartsyzsky metallurgical plants

October 6, Kiev. The Dutch private holding Metinvest (Metinvest B.V.) of Rinat Akhmetov has increased its stakes in the authorized capital of the Yenakiyevo Metallurgical Plant, Khartsyzsk Pipe Plant and PJSC Severny Ore Mining and Processing Plant. This was reported in Interfax with reference to the disclosure of the company's information in the system of the National Securities and Stock Market Commission.

In particular, Metinvest B. V. as of September 30 of this year increased its stake in PJSC Khartsyzsk Pipe Plant (KhTZ, Donetsk region) from 2,416,715,184 thousand shares to 2,429 million 139.693 thousand shares. shares or 93.4825 percent.

Metinvest B.V. also increased its stake in PJSC Severny Mining and Processing Plant (SevGOK, Krivoy Rog, Dnepropetrovsk region) from 80.322 to 80.4283 percent of the authorized capital.

In addition, Metinvest B.V. increased its stake in PJSC Enakievsky Metallurgical Plant (EMZ, Donetsk region) from 55.4239 to 56.1117 percent of the authorized capital.

The Yenakiyevo Metallurgical Plant, which includes the Makeyevsky Metallurgical Plant, produces high-quality rolled metal, wire rod and rebar, which is widely used in the production of precast concrete, specified in this section of the catalog of the Research Institute VNIIZHELEZOBETON and building structures.

EMZ and Makeevsky Metallurgical Plant (MMZ) are links in the unified production chain of the Steel and Rolled Products Division of Metinvest Group: EMZ is the main supplier of billets for rolling mills of MMZ. PJSC "EMZ" together with the joint Ukrainian-Swiss venture LLC "Metalen" is a part of the group of companies EMZ. Enterprises that are separate legal entities carry out economic activities at one production site, have a single production cycle, and have a single operational management. The authorized capital of EMZ PJSC is UAH 160 million 897,992 thousand.

KhTZ is a leading Ukrainian manufacturer of large diameter oil and gas pipes (LDP). Produces longitudinal welded pipes of large diameter (from 478 mm to 1420 mm) for main gas and oil pipelines. Its capacity allows it to produce 1.6 million tons of pipes per year. The authorized capital of PJSC "KhTZ" is UAH 129.925 million, the par value of the share is UAH 0.05.

SevGOK specializes in the extraction, processing and production of iron ore raw materials. Authorized capital - UAH 579.707 million.

KhTZ, SevGOK and EMZ are part of the Metinvest group, the main shareholders of which are Rinat Akhmetov's Donetsk PrJSC System Capital Management (71.24 percent) and Vadim Novinsky's Smart Holding group of companies (23.76 percent).