Principles of management

To help meet strategic objectives Metinvest focuses on a set of core business management principles:

• Specialization
  We do what we can do better than others - we are focused on strategic management of mining and metal businesses. This increases efficiency and enhances value for our shareholders and attractiveness for investors.

• Vertical integration
  We control all elements of the mining and metal production cycle from coal and ore production, to sales of ready-made products to our customers globally. This gives us greater control over our business and enhances stability as it reduces the impact of market changes. 

• Unified sterategic management
  We perform unified and consistent strategic planning and management across all our assets. This allows Metinvest to benefit from business synergies and enhance shareholders value.

• Centralization
  We have a centralized management system for our assets grouped into divisions. This ensures optimization of management costs, unifies business processes and technologies, and enhances efficiency of the business.

• Growth and investments
  We believe in making continued investment into developing and growing our business. This commitment to consistent investment ensures our ability to compete and prosper in international markets.

• Best global practises introduction
  We study international best practices in business and in the mining and steel sector and then carefully choose the most effective management, production, and information technologies for our business. This helps us achieve the maximum return on investment and compete and win on the international stage.

• Composition of traditions and innovations
  We keep the best of traditions of steelmaking craft and professionalism enriching them with modern knowledge and technologies.

• Commitment to leadership
  Our goal is to achieve the leading positions in all fields of our operation. We encourage the leadership skills of our employees and give them opportunities to use their skills and talents to the full. This ensures a stable rate of growth and change in our business.

• Personal attitude to business
  Our corporate culture is based upon personal and not indifferent attitude and commitment to common business.