Revenue of Metinvest B.V. (the Netherlands), the parent company of the Metinvest Group, in November 2017 fell by 6.7% or $62 million compared to the previous month, to $866 million from $928 million, according to an unaudited consolidated financial report in line with IFRS published on Monday. Earnings before interest, taxes, depreciation and amortization (EBITDA) … Read more
S&P Global Ratings has assigned its ‘B-‘ long-term corporate credit rating to Metinvest B.V., the holding company of a group of mostly Ukraine-based vertically integrated steel and mining assets, the outlook is stable, reads a report on the rating agency’s website. “Metinvest, with operations in Ukraine and abroad, is a midsize producer with steel capacity … Read more
Metinvest B.V. (the Netherlands), the parent company of the Metinvest mining and metal group, boosted capex by 66% year-on-year, to $193 million. According to an unaudited consolidated financial report, the expenditure on maintenance projects accounted for 89% of total investments (64% in H1 2016) and on expansion projects for 11% (36%). The metallurgical segment accounted … Read more