Metinvest is resuming investment and will focus on green metallurgy during Ukraine’s reconstruction.

After the war, Metinvest will produce green steel at modernized production facilities that reduce the environmental burden, said the company’s top manager, Oleksandr Myronenko.

With the start of the full-scale invasion, Metinvest lost two-thirds of its estimated value. Two factories, Azovstal and MMK, are under occupation. However, according to Myronenko, Metinvest has resumed investment in small volumes.

“We focus on what should work, retain enterprises and staff, and attract new employees,” he noted.

Myronenko says that the company has learned to adapt to blackouts, gas supply interruptions, reconstruction of logistics routes, and missile attacks. Before the war, the restoration of blast furnace operation lasted for up to a week, but now it takes only a day or two.

He is convinced that after the war,  the company will attract new investment to reconstruct the company’s enterprises.