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Avdiivka Coke allocates over UAH 780,000 for summer vacations for its employee’s children

27 June 2014

Every year Avdiivka Coke provides funds for summer vacations for the children of its employees. This summer the plant allocated over UAH 780,000 for this purpose.

The cost of vouchers for plant employees remains subsidized – the enterprise is covering 90% of the cost. Parents have to pay just UAH 250 for their children to spend 21 days at recreation centers.

For the first shift, 68 children of plant employees went the Danko recreation center (Yasinovata Forest). For the children, a bright, entertaining and interesting vacation was organized. The children played games to learn scientific principles. Children received five meals with lots of calories, conven-ient rooms, and could take advantage of different sports and arts facilities.

“Fresh forest air, sun, physical activity and new experiences – this can give children energy for the whole year. Therefore, the enterprise did not event think about canceling the recreation programs for our employees this year despite the challenging situation,” said Sergey Stepanenko, HR Director of Avdiivka Coke. “By the way, special attention was paid to the safety of the children – specialists from a private security firm assured safety on the territory of the children’s recreation center.”

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 12.8 billion and an EBITDA margin of 18% in 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.