Metinvest, part of SCM, has announced the successful and scheduled redemption of the outstanding principal amount of its Senior Notes due 2026. The repayment was funded through internal cash flows, including working capital adjustments, marking a clear indicator of financial stability during the ongoing war. To date, Metinvest has settled three separate bond issues, with cumulative payments under these instruments now exceeding $1 billion.
Yuriy Ryzhenkov, Chief Executive Officer of Metinvest, stated that completing this repayment is a notable milestone. He emphasised that the redemption reflects disciplined financial management and an enduring focus on stakeholders. Furthermore, Metinvest remains committed to pursuing opportunities in the debt capital markets as conditions improve.
This rigorous financial management aligns with continuous capital expenditure. Recently, SCM companies led the national investor rating compiled by the top Ukrainian media outlet NV. The evaluation focused on corporate activity since the full-scale war began in 2022. Total capital investments by SCM companies have exceeded UAH 150.5 billion ($4 billion), with Metinvest investing $1 billion to ensure the stability and modernisation of its assets.
Other SCM companies also made substantial contributions to the national economy. DTEK invested $2.7 billion to restore infrastructure and build secure renewable energy sources. The bank FUIB maintained a focus on financial and operational stability with investments of $50 million. Ukrtelecom allocated $42 million for network development and cyber security, while Lemtrans invested $29 million in logistics networks.
According to Yuriy Ryzhenkov, the main direction for Metinvest is the green transition, and the company is ready to become a bridge that unites Ukrainian and European metallurgy. During the war, the primary focus remains on preserving human capital and supporting the Armed Forces.
These operational and financial achievements are supported by substantial fiscal contributions. In 2025 alone, SCM companies paid UAH 94 billion ($2.2 billion) in taxes and fees. Since the full-scale invasion of russia, total taxes paid exceed UAH 308 billion ($8 billion).
The company launched dedicated defence production and became one of the largest private donors to the Ukrainian military. Metinvest has allocated more than UAH 10 billion ($227 million) to support Ukrainians, including UAH 7.3 billion ($166 million) for defence needs as part of Rinat Akhmetov’s Steel Front initiative.
