25 December 2013
Metinvest Group’s Avdiivka Coke Plant created three new recreation zones in the city – a park and two squares. Avdiivka City Council, jointly with the coke makers, announced a competition for the best names for these locations.
Three winners will be determined who will propose the best name to the new park in Gagarina Street, a square on Soviet Street and a square that was built two years ago on Communal Street.
City residents started to suggest names on 12 December. The recreation area in Gagarina Street is frequently suggested to be named Coke Makers Park. For the squares, more romantic and cheerful names have been proposed – Joy Square, Star Square, Dating Square, Happy People Square, and the Square of Love.
Following many requests, the organizers decided to extend the competition’s due date to 17 January. The terms and conditions of the competition are available on the city council’s website.
- For editors:
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 Ukraine’s bulk coke. The plant produced 3.7 million tons of bulk coke (6% moisture content) in 2012. The plant runs eight coke oven batteries, with a designed capacity of 6.87 million tons of bulk coke per year. The enterprise is self-sufficient in terms of energy resources, including process steam, heating 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 every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It has steel and mining production facilities in Ukraine, Europe and the US, as well as a sales network covering all key global markets. Its strategic vision to become the leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns above industry benchmarks.
The Group reported revenue of USD 3.1 billion and an EBITDA margin of 15% in the first quarter of 2013.
The major shareholders of Metinvest B.V. (the holding company for Metinvest Group) are SCM Group (71.25%) and Smart-Holding (23.75%), which partner in the Group’s management.
Metinvest Holding, LLC is the management company of Metinvest Group.