System Capital
Management (SCM) is Ukraine’s
largest diversified group. Its business areas cover metals and mining, energy,
machine building, finances, telecommunications, media and other sectors of the
economy. SCM has over 90 companies under its control with about 160,000 people
employed.
At present the
dominant position in the Group, both in terms of production volumes and in
terms of profit, is held by heavy industries. However, the strategy applied by
the Group on business reorganization calls for an increase in the share of
post-industrial areas- finance, telecommunications, media and others – in the
general business structure of the SCM Group.
In order to ensure better management efficiency within one and
the same sector or to create a single chain of value-creating, strong
industrial holdings companies were established in the SCM Group: Metinvest Holding (mining and metals), DTEK (electric
power), telecommunication businesses (fixed and mobile communications), SCM
Finance (banking and insurance), Farlep Invest
(telecommunications) and SCM Estate (real estate). In the future the Group
intends to continue establishing industrial holdings within other business
areas of SCM.