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Krasnodonvugillya
VAT "Krasnodonvugillya" (meaning: Krasnodon Coal, uk, ВАТ «Краснодонвугілля», russian: ПАО «Краснодонуголь») is a coal-mining company located in the northern part of the Donets Basin, Donetsk coal basin within Krasnodon district of Luhansk Oblast, Ukraine. History Krasnodonvugillya started as a group of Krasnodon, Sorokino coal mines having yielded the first 110 ktonnes of Coking coal#Coking coal and use of coke, coking coal in 1914. In 1935, the trust “Sorokino coal” was established. The trust united 25 coal mines. In 1936, the trust was renamed into “Krasnodon Coal”. In 1940, the company mined 2.44 Mtonnes of coking coal with the length of excavations reached 30 km. During its 93 years history (1914–2007), the company mined about 370 Mtonnes of coal. Krasnodonvugillya was established in accordance with the Order No. 289 of Ministry of Fuel and Energy from June 8, 2004. In autumn 2004 the State Property Fund of Ukraine sold a ...
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Metinvest
Metinvest is an international group of steel and mining companies that owns operations in Ukraine, Italy, Bulgaria, the UK and the US, mines ore and coal, produces coke, smelts steel and produces rolled products, pipes and other steel products. The group's assets are managed by Metinvest Holding LLC.Colossi With Feet of Clay
(22 February 2013)


Company today

In 2021, Metinvest topped ranking of Ukraine's largest private companies. It is Ukraine's largest producer of iron ore and steel. In 2021, the World Steel Association ranked the group 4 ...
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Donets Basin
The Seversky Donets () or Siverskyi Donets (), usually simply called the Donets, is a river on the south of the East European Plain. It originates in the Central Russian Upland, north of Belgorod, flows south-east through Ukraine (Kharkiv, Donetsk and Luhansk Oblasts) and then again through Russia (Rostov Oblast) to join the river Don, about from the Sea of Azov. The Donets is the fourth-longest river in Ukraine, and the largest in eastern Ukraine, where it is an important source of fresh water. It gives its name to the Donets Basin, known commonly as the Donbas, an important coal-mining and industrial region in Ukraine. Etymology The names ''Don'' and its diminutive ''Donets'' are derived from Iranic, Sarmatian "the river".Mallory, J.P. and Victor H. Mair. ''The Tarim Mummies: Ancient China and the Mystery of the Earliest Peoples from the West''. London: Thames and Hudson, 2000. p. 106 Scytho-Sarmatians inhabited the areas to the north of the Black Sea from 1100 BC ...
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Krasnodon
Krasnodon (Ukrainian language, Ukrainian, Russian language, Russian: Краснодон) is a city in Luhansk Oblast (Oblast, region) of eastern Ukraine. It is incorporated as a city of regional significance (Ukraine), city of oblast significance and serves as the administrative center of Krasnodon Raion (Raion, district), though it does not belong to the raion. Its population is approximately . Population of Krasnodon in 1972 was 70,400, in 1989 it was around 53,000, in 2001 it was 49,921. In 2016 the city was renamed Sorokyne ( uk, Сорокине; russian: Сорокино) as part of decommunization in Ukraine. The city's name change process has been temporarily suspended as it is not controlled by the government of Ukraine. History Krasnodon was established in 1914 along the banks of the Velyka Kamianka, a tributary of the Donets, Donets River, as the settlement of Sorokyne. It soon became one of the centers of the coal mining industry of the Donbas region. By the ''Decis ...
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Luhansk Oblast
Luhansk Oblast ( uk, Луга́нська о́бласть, translit=Luhanska oblast; russian: Луганская область, translit=Luganskaya oblast; also referred to as Luhanshchyna, uk, Луга́нщина) is the easternmost oblast (province) of Ukraine. The oblast's administrative center is Luhansk. The oblast was established in 1938 and bore the name ''Voroshilovgrad Oblast'' (, until 1958 and again from 1970 to 1991) in honor of Kliment Voroshilov. Its population is estimated as Important cities within the oblast include Alchevsk, Antratsyt, Brianka, Kirovsk, Krasnyi Luch, Krasnodon, Lysychansk, Luhansk, Pervomaisk, Rovenky, Rubizhne, Sverdlovsk, Sievierodonetsk, and Stakhanov. , nearly all of the oblast is under the occupation of Russia, which claims the oblast as the Luhansk People's Republic (LPR), a self-declared state turned Russian federal subject. The war in Donbas and the subsequent 2022 Russian invasion of Ukraine saw heavy fighting in the oblast, ...
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Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian invasion, it was the eighth-most populous country in Europe, with a population of around 41 million people. It is also bordered by Belarus to the north; by Poland, Slovakia, and Hungary to the west; and by Romania and Moldova to the southwest; with a coastline along the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and largest city. Ukraine's state language is Ukrainian; Russian is also widely spoken, especially in the east and south. During the Middle Ages, Ukraine was the site of early Slavic expansion and the area later became a key centre of East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. The state eventually disintegrated into rival regional po ...
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Coking Coal
Metallurgical coal or coking coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. The demand for metallurgical coal is highly coupled to the demand for steel. Primary steelmaking companies often have a division that produces coal for coking, to ensure a stable and low-cost supply. Metallurgical coal comes mainly from Canada, the United States, and Australia, with Australia exporting 58% of seaborne trade, mostly going to China. In the United States, the electric power sector used "93% of total U.S. coal consumption between 2007 and 2018"; only 7% of the total was metallurgical coal and coal for other uses such as heating. Characteristics Metallurgical coal is low in ash, moisture, sulfur and phosphorus content, and its rank is usually bituminous. Some grades of anthracite coal are used for sintering, pulverized coal injection, direct blast furnace charge, pelleti ...
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SCM Holdings
System Capital Management or SCM ( uk, Систем Кепітал Менеджмент) is a major Ukrainian financial and industrial holding company established in 2000 in Donetsk in the east of the country and since 2014 headquartered in Kyiv. The business is controlled by Ukrainian businessman Rinat Akhmetov, who owns 100% of the company shares. In 2011, the group had revenues of around $19.5 billion and assets worth over $28.4 billion. SCM was set up in 2000. It includes over 100 businesses in metals and mining, power generation, banking and insurance, telecommunications, media and real estate as well as in some other spheres. The total number of employees at SCM enterprises is about 200,000 people. The Group is audited by PricewaterhouseCoopers. As of May 2022, SCM (dba SCM Consulting Ltd) has been represented in the United States by the Washington, D.C. based public relations firm Qorvis LLC. Structure The biggest company in the SCM Group is Metinvest inv ...
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Raion
A raion (also spelt rayon) is a type of administrative unit of several post-Soviet states. The term is used for both a type of subnational entity and a division of a city. The word is from the French (meaning 'honeycomb, department'), and is commonly translated as "district" in English. A raion is a standardized administrative entity across most of the former Soviet Union and is usually a subdivision two steps below the national level, such as a subdivision of an oblast. However, in smaller USSR republics, it could be the primary level of administrative division. After the fall of the Soviet Union, some of the republics kept the ''raion'' (e.g. Azerbaijan, Belarus, Ukraine, Russia, Moldova, Kazakhstan, Kyrgyzstan) while others dropped it (e.g. Georgia, Uzbekistan, Estonia, Lithuania, Latvia, Armenia, Tajikistan, Turkmenistan). In Bulgaria, it refers to an internal administrative subdivision of a city not related to the administrative division of the country as a whole, or, i ...
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