July 10–11, 2025, Rome
The fourth Ukraine Recovery Conference (URC 2025) was held in the Italian capital, bringing together political leaders, business representatives, and civil society from Ukraine and across Europe to coordinate efforts for Ukraine’s recovery and modernisation.
SCM businesses — DTEK, Metinvest, FUIB, umgi, and Lemtrans— took part in the conference as partners of Ukraine’s national stand. The companies presented a range of projects focused on resilience, recovery and investment. Despite the challenges of full-scale war, these businesses continue to drive economic recovery, social resilience, and Ukraine’s European integration.
SCM showcased unique protective projects from its steel company Metinvest: “Citadel” (underground steel school classrooms), “Steel Dream” (rapid-deployment modular buildings for housing, schools, or medical facilities), and “Kryivky” (English: “hideouts”; steel shelters for the frontline). DTEK, SCM’s energy company, presented investment projects around grid modernisation, energy storage, and renewable energy initiatives. umgi presented its project to build a grain terminal at the Pivdennyi port in Odesa region.
A highlight of the conference was the immersive installation “UNBROKEN UKRAINE”, created in partnership with the cultural association BORISTENE, Italian studio SARAVÁ, and Ukrainian digital heritage center Skeiron. Cutting-edge technology, aesthetics, and narrative power helped capture what the war seeks to destroy — and what the world must protect. The installation was financed by First Ukrainian International Bank on behalf of SCM.
During URC 2025, SCM companies were also among the first signatories of Ukraine's new Human Capital Resilience Charter — a strategic pact aimed at restoring and strengthening the country’s workforce. The initiative was launched by Ukraine’s Ministry of Economy, the National Bank of Ukraine and leading international institutions. It unites employers in creating decent work and professional growth opportunities for all Ukrainians, particularly those affected by the war. From SCM, the Charter was signed by Metinvest CEO Yuriy Ryzhenkov and DTEK CEO Makim Timchenko.
“Ukrainian businesses are the driving force behind national recovery — both now and after the war. Throughout the full-scale invasion, real investments, tax contributions, and job creation have been led by Ukrainian companies and entrepreneurs. We are investing in Ukraine now because we believe in our country’s European future. And we are ready to be a partner for international investors who want to contribute to rebuilding our economy. This is a fundamental principle of our shareholder, Rinat Akhmetov” said SCM Communications Director Natalya Yemchenko. “Signing this Charter is a strategically important step. We must create jobs that are not only competitive within our borders but also attractive at the international level.”
SCM and its enterprises are already actively implementing the key principles of the Charter, which include targeted support for veterans, continuous skills development, and a holistic approach to well-being.
The participation of SCM companies in the conference reaffirms the critical role of principled domestic businesses in rebuilding and shaping a strong Ukraine.
About SCM
System Capital Management (SCM) is an international investment company founded by Ukrainian businessman and philanthropist Rinat Akhmetov. SCM invests in over 250 companies worldwide, employing approximately 150,000 people in Ukraine, the U.S., Europe, and beyond. SCM’s portfolio covers key industries including energy (DTEK B.V.), metals and mining (Metinvest B.V.), natural resources, logistics (Lemtrans), agriculture (HarvEast), telecommunications (Ukrtelecom), real estate, and finance (FUIB).
SCM actively develops large-scale projects with international partners across global markets, with a footprint in Italy, Poland, Croatia, Romania, Bulgaria, Greece, Moldova, the United Kingdom, and the United States.
SCM also owns Shakhtar Donetsk, Ukraine’s leading football club and a regular participant in the UEFA Champions League.