This year, the plant plans capital investments in the amount of UAH 1 billion for support and modernization of equipment, labor protection programs, information technology, social services, etc., the company reported .
In 2023, the Zaporizhstal plant allocated UAH 750 million to update its technological capacities, and during the war, renovation investments amounted to UAH 1.2 billion. This was announced on Wednesday, April 17, by the press service of Metinvest holding, which includes the Zaporozhye plant.
“The main attention at the plant has been paid to updating the equipment, which must work reliably in the current unpredictable conditions: the main projects have been implemented in the sinter blast furnace processing unit of the plant Blast furnace No. 3 is already -also overhaul and a comprehensive Repair of hot rolling shop equipment was carried out In addition, a number of projects aimed at ensuring sustainable operation and increasing the production life of energy equipment, facilities in business infrastructure, increased safety of the production process for personnel and digitalization, etc.,” the statement said.
The company noted that this year Zaporizhstal provides for capital investments in the amount of about 1 billion UAH: the program aims to support and modernize equipment, introducing functional programs for labor protection and industrial safety, information technology, social sphere, etc.
“Despite the incomplete use of production capacity, blackouts and fear from the aggressor country, we continue to implement the investment program to maintain equipment reliability, operate stably and strengthen the national economy on the path of success,” Roman Slobodyanyuk, General Director of Zaporizhstal, commented on the updating program.
Let’s recall that the metallurgical holding Metinvest previously reported the end of 2023 with a consolidated net loss of $194 million At the same time, Rinat Akhmetov’s company noted that over the year it decreased 10.3 times: in 2022 this figure is minus $2.193 billion. .
Source: korrespondent
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