Despite the war: Metinvest attracted €24 million of foreign capital for investment in Ukrainian production.
Metinvest Akhmetov Group attracted EUR 23.6 million from Deutsche Bank for 11.5 years. The money will be used for the modernization of the Northern GZK in Kryvyi Rih — in particular, for new equipment from the Finnish company Metso.
The company managed to attract funds in the conditions of war, when the risks for investments in Ukraine remain high.
“This is an investment in modernization, people and environmental sustainability. We do not stop development,” says Yuriy Ryzhenkov, CEO of Metinvest.
Deutsche Bank says they are proud of the partnership and believe in the strategic importance of Ukraine.
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