System Capital
Management is Ukraine’s leading financial and industrial group operating in six
core business areas: metals and mining, energy, banking and insurance,
telecommunications, real estate and media with consolidated revenues in excess of
$8.151 billion in 2009. SCM group has over 150,000 employees and is
committed to responsible, profitable and sustainable growth.
SCM has paid the next tranche for the secured loan of USD 545m. The payment has been effected in full compliance with the terms fixed in the loan facility agreement.
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SCM took part in the International Public Environmental Award, Terra Viva -2010, with a project to improve the park area around Donbass Arena stadium and cover it with green plants and grasses. The project won one of 16 nominations.
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SCM Group has completed the purchase of the 6.4% interest in Donetskgormash and, thus, increased its shareholding to the level of controlling stock 50.5% (before the transaction SCM Group owned 43.65% of Donetskgormash shares).
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Metinvest B.V. (Netherlands) obtained formal approval of Antimonopoly Committee of Ukraine for acquisition of newly issued shares of the PSC “ILYICH STELL” and PJSC “ILYICH IRON AND STEEL WORKS” thereby granting more than 50% voting rights in managerial bodies of aforementioned companies.
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