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), Farlep Invest (telecommunications) and Esta Holding (real
estate). In the future the Group intends to continue establishing industrial
holdings within other business areas of SCM.