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Metinvest named the main problems for Ukrainian exports

Photo: Met_invest

The company proposed an option that would help resolve the issue of booking workers in critical businesses.

The expansion of logistics capabilities, currency liberalization and clear rules for the reservation of employees are important conditions for the development of export-oriented companies in Ukraine during the war. Metinvest CEO Yuri Ryzhenkov said this at the Forbes Exporters Summit, the company’s press service reported on Tuesday, March 26.

He thanked everyone involved in the opening of the Ukrainian sea corridor, but called for its expansion to increase export figures.

“When this temporary corridor was opened, the first ships after agricultural products brought Metinvest products. I thank the Defense Forces, intelligence, and our partners who made this possible. But this is the beginning just yet. We need to work on logistics , on expanding bottlenecks: this and Ukrzaliznytsia , and damaged bridges, and the work of ports. The capacity of ports is not enough, and a lot can be done there,” said Ryzhenkov .

He said that Metinvest is planning the following investments, which will be the basis for the reconstruction of the country after the war. But currency liberalization is necessary to improve the investment climate and continue investing in Ukraine.

“If we do not introduce any ways to return investments, we will not be able to attract them to Ukraine,” he stressed.

In addition, the current rules for the mobilization of workers do not allow Metinvest to increase production.

“We are a transparent company. All our employees are registered in the military registration and enlistment offices and have passed the military medical commissions. We are the largest donor, but we do not have the opportunity to increase the production volume that can support the economy. Therefore, we need clearer reservation rules from the state that will stimulate business growth, and not just the exit of personnel to the Defense Forces,” explained Yuri Ryzhenkov.

In this regard, the head of the office of the CEO of the Metinvest group, Alexander Vodoviz, proposed an option that would help solve the issue of booking employees.

“We want the directors of enterprises recognized as critical to be given the right, for example, to book 10% of the staff themselves. Instead of going through these ten circles of hell through the Ministry of Economy, the General Staff and 25 other bodies that coordinate all of this. And then each business director will further determine which personnel are critical, “he said.

Earlier it was learned that Metinvest was running on the edge of profitability. This was due to the loss of capacity during two years of war, the location of some businesses almost on the contact line and the mobilization of 9,000 workers to the front.

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Source: korrespondent

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