Amid the ongoing war, Kametstal, alongside other Metinvest Group enterprises, continues its systematic efforts in construction and reconstruction to enhance production reliability and efficiency. In the first days of January 2025, the company initiated the implementation of this year’s investment programme, with a total planned budget exceeding UAH 2.5 billion.
A key focus of the programme is the major overhaul of Blast Furnace No. 9, which will receive nearly a third of the total budget. The primary goal is to ensure the continued operability of essential equipment and technological processes, maintaining the plant’s stable production output.
Another top priority is Metinvest’s pilot investment project to construct an alternative power plant at Kametstal using solar panel installations. This initiative marks a first for Metinvest enterprises. Currently, a team of experts is conducting preliminary project studies, identifying the most effective solutions for implementing this groundbreaking initiative.
"This year, the company is committing a record-breaking budget of $59.8 million to Kametstal - the highest investment in recent years. A significant portion of these funds will be directed toward maintaining and modernising core production equipment, strengthening the company’s foundation for future growth and technological advancement. In total, 114 investment projects of various scales are planned for implementation throughout the year. Key production facilities will undergo major equipment overhauls, ensuring long-term operational efficiency. Restoring production will enable Kametstal to regain market presence, expand into new sales territories, and increase profitability,"
stated Mykhailo Koptev, Director of Capital Construction and Investments at Kametstal.