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Metinvest allocates over UAH 30 mln for social programs in Kryvyi Rih this year

18 July 2016

Metinvest Group and Kryvyi Rih city authorities signed a social partnership agreement for 2016. Company's investment to the city development exceed UAH 30 mln.

Relevant document was signed on July 16 by the major of Kryvyi Rih Yuriy Vilkul, CEO of Metinvest Group Yuriy Ryzhenkov, and heads of Metinvest's GOKs in Kryvyi Rih: Inhuletsky, Northern and Central GOKs. The projects within this agreement are aimed to improve the life quality of local citizens.

Metinvest Group has implemented social partnership programs in Kryvyi Rih since 2011. During this time, the company has invested UAH 185 mln. to the city development as part of these programs. Extensive reconstructions of Damanskiy micro-district, the 44th quarter, Pobeda avenue in Inhulets micro-district, as well as landscaping of streets, parks and garden squares are among the main projects completed by the Group within these years.

If speaking about two last years, the Company financed the repair of a children's unit in a hospital, which serves both InGOK's workers and citizens from Inhulets micro-district and adjacent districts, reconstruction of a fountain in Saksahanskiy park and landscaping in Kryvyi Rih Botanic Garden. Metinvest purchased modern medical equipment for a sole hard disease department in the city to cure people with acute cardiovascular diseases in the city hospital #9. Besides, the Company repaired 115 ths m2 of roads during two years.

In 2016, Metinvest and city communities will direct their main focus on landscaping and development of infrastructural objects, and to repair of both central roads and roads inside the yards, as part of the social partnership. Specific areas are determined during the discussion of all interested parties: citizens, local authorities and business.

Yuriy Ryzhenkov, Metinvest Group's CEO:

- Despite current economic difficulties, we continue rendering our help in resolving social problems of the city. These activities improve the life not only of our employees in Kryvyi Rih but all citizens. Giving such present to the city before Metallurgical Workers' and Miners' Day makes it very special. Such programs are currently implemented in other key cities of our presence.

Yuriy Vilkul, major of Kryvyi Rih:

- Six years of cooperation between the municipal authorities and Metinvest Group are a long success story, which proves that the community and the business can get along and, moreover, jointly work to the favour of local citizens. Hundreds of social projects, implemented thanks to Metinvest, show an excellent example for all enterprises in Kryvyi Rih who stay involved in the life in the native city.