26 September 2013
Metinvest Group’s Avdiivka Coke Plant allocated about UAH 4.53 million to subsidize summer vacations for 2,400 employees, their children, and retired plant workers.
Destinations included health centers in Truskavets, Khmelnyk, and Slavyansk and recreation centers in Svyatohorsk, Alushta, Berdyansk and Odesa. Employees paid 10-20% of the price for their stay (approximately UAH 2,000-7,000).
Children's health center Danko (Yasinovata, Donetsk region) hosted the plant’s children, as usual. Program beneficiaries included 365 children of Avdiivka Coke employees and needy children from Avdiivka. The cost of 21 day stays for plant children was about UAH 220.
Before the summer season, Danko repaired its dining room, dormitories, and roof, and renovated its movie theater. The center also installed playgrounds with fairy tale characters, fire pits, and new flower gardens.
The center organized theatrical performances and art groups every day. Children were also able to participate in team sports at football pitches and basketball courts.
Young Metinvest employees were involved in the educational portion of the children’s stays.
“A Day of Metinvest” was also held, during which games and quests helped children to learn new and interesting things about their parent’s professions, Avdiivka Coke Plant, and Metinvest.
“We understand how important it is to provide our employees and their children a full-fledged summer vacation. Thus, every year we invest to make summer rest more available, comfortable and healthy for Avdiivka Coke employees,” said Avdiivka Coke General Director Musa Magomedov.
Every year in September the plant sends its retired workers to the recreation center Solnechniy Bereg. This year 568 retired workers went, at a cost to them of UAH 224.
- For editors:
PJSC Avdiivka Coke Plant is Europe’s largest high-tech coking plant. The plant makes 31 types of products. It has customers in Ukraine, Russia, Poland, Georgia, Belgium, Tajikistan, Turkey and Egypt. Its key products are blast furnace coke, electrode pitch coke and crude benzene. Avdiivka Coke makes 23% of bulk coke in Ukraine. The plant produced 3.7 million tons of bulk coke (6% moisture content) in 2012. The plant runs eight coke oven batteries, the designed capacity of which is 6.87 Million tons of bulk coke per year. The enterprise is self-sufficient in terms of energy resources including process steam, heat and electricity. Avdiivka Coke produces more than 50% of blast furnace coke with an advanced and environmentally friendly dry quenching process. Avdiivka Coke received a certificate for actively participating in the implementation of environmental policy at the regional level at the “Ecology in an Industrial Region” second international environmental forum by the National Environmental Protection Administration in Donetsk Oblast in 2012. Avdiivka Coke, together with the Shakhtar Football Club opened a football school for children in Avdiivka; the school currently has 60 students.
Metinvest Group is a vertically integrated group of steel and mining companies that manages each link in its production chain, from iron ore and coal mining to the production of semi-finished and finished products. The Group's assets are located in Ukraine, Europe and the U.S.A.; its sales network has a presence in all key global markets. The Group's strategic vision is to become the leading vertically integrated steel producer in Europe, deliver sustainable growth and profitability resilient to market cycles, and provide investment returns that are higher than industry benchmarks. The Group's revenue was USD 12.6 billion and its EBITDA margin was 16% in 2012. The major shareholders of Metinvest B.V. (holding company) are SCM Group (71.25%) and Smart-Holding (23.75%), who are partners in management of the company. Metinvest Holding, LLC is Metinvest Group’s management company.