In 2024, ArcelorMittal Kryvyi Rih allocated more than UAH 60 million to support communities and provide charitable assistance to war victims.
In 2024, the main areas of the company social and charitable activities were to help local communities and war victims. The company focused its efforts on reducing internal costs and optimizing resource consumption, but despite the challenging financial situation, it provided assistance to healthcare and education institutions in Kryvyi Rih and the region.
A significant part of the company social assistance is to help the families of employees who died and those whose homes were destroyed or damaged by hostile shelling:
UAH 3.4 million was allocated by the company to renovate the neurological care unit of the Municipal Enterprise Central District Hospital of Novopilskoi Village Administration.
More than UAH 1.8 million was allocated to the city's educational institutions. The main projects include:
In 2024, ArcelorMittal Kryvyi Rih continued to provide assistance to communities, allocating about UAH 1 million for their development.
The company allocated slag and crushed stone for road filling and repair to restore the infrastructure of districts and rural communities (Metallurgical District Council in the city, Kamyanka village in Kryvyi Rih district to fill a dam, Lozuvata and Sofiyivka territorial communities).
‘ArcelorMittal Kryvyi Rih helped repair a water pipeline in the village of Stepove in the Hrechanopodivska community and provided slag for road repairs in the Kherson region. The company also manufactured and installed a monument to the fallen defenders in the village of Arkhanhelske, Beryslav district, Kherson region.
The company also provided 100,000 tonnes of blast furnace slag to the State Border Guard Service of Ukraine to improve the departmental border roads.
In addition, PJSC ArcelorMittal Kryvyi Rih also provided assistance in other areas, mostly aimed at working with veterans of the company and the city and their reintegration into society. The main types of assistance include:
- Help from the NGO ‘Spilka veteraniv’ (Veterans' Union).
In 2024, with the support of EBRD and Korn Ferry, the company also developed and implemented the project ‘Return of Veterans to Civilian Life’, which includes the organisation of a coordination centre for veterans on the basis of the Yedyne vikno administrative service centre, (Single Window), the creation of inclusive workplaces with individual work with each veteran, rehabilitation programmes for veterans based on the co medical centre and health insurance, priority vouchers for mobilised and demobilised employees, and preferential meals in ArcelorMittal Kryvyi Rih's canteens.
Mauro Longobardo, Chief Executive Officer of ArcelorMittal Kryvyi Rih, noted:
«Our total charitable assistance provided by ArcelorMittal Kryvyi Rih since the beginning of the war has amounted to over UAH 710 million. Our main task in 2024 was to operate despite all the challenges and to be able to pay taxes and help the communities. We managed to achieve this in particular thanks to support from the parent company. During last 3 war years the Group supported us with more than 1bln USD of cash, of which USD 0.3bln to finance capital investments.
As one of the largest corporate citizens and taxpayers, we understand that these funds are used to support the country's defence and bring the Victory closer. But we also understand our responsibility to the city, surrounding communities and our employees. Despite the unprofitable financial results, we did a lot of work to reintegrate veterans who returned to us after serving in the Ukrainian military, helped the families of our fallen colleagues, employees affected by enemy attacks, and assisted in the restoration of infrastructure facilities in various communities. We will continue to do everything we can to ensure that Ukraine wins and starts rebuilding».