Metinvest Group takes Ukraine to a new level of interaction with international organizations and communities. During the first international investment forum in Mariupol, the company signed Memorandums for six years on cooperation in improving the environment with Mariupol, Zaporizhzhia and Kryvyi Rih. Investments in environmental modernization will amount to more than 400 million US dollars.
Metinvest Group aims to help implementing a range of programs that will change the environmental situation in the regions of Ukraine and stabilize the country’s economy. The company’s assets will be modernized in two directions at once – production and environmental. The signing of the Memoranda is another step in the systemic modernization of production and investment support for major environmental projects aimed at improving the overall environmental situation and improving living standards in the host cities.
Yuri Ryzhenkov, General Director of Metinvest Group:
– As part of the environmental modernization program for 2019-2024, a number of large projects in the amount of over US$ 400 million are being implemented at our enterprises. We also intend to continue the implementation of corporate social projects and involve international experts and communities in the implementation of joint green sustainable development projects and involve international experts and cities in the implementation of joint green sustainable development projects.
The memorandum of cooperation between the Metinvest Group and the city of Zaporizhzhia in the direction of improving the environment provides for the sustainable development of the “green” economy, continuation of enterprises modernization, as well as the participation of Metinvest enterprises in urban environmental programs.
Mayor Vladimir Buryak noted the importance of such cooperation for our city.
– Cooperation is that the Metinvest group invests in order to improve the environmental situation in Zaporizhzhia. That is as of today. By signing the Memorandum of Cooperation, we continue the work that we have been conducting for more than one year,” said Vladimir Buryak.