Industrial Union of Donbas (ISD; uk, Індустріальний союз Донбасу, translit=Industrialnyi soiuz Donbasu) is one of the biggest corporations in

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 inva ...

. It is a horizontally integrated holding company that owns or directs stocks of 40 industrial enterprises in the

East Ukraine Eastern Ukraine or east Ukraine ( uk, Східна Україна, Skhidna Ukrayina; russian: Восточная Украина, Vostochnaya Ukraina) is primarily the territory of Ukraine east of the Dnipro (or Dnieper) river, particularly Khar ...

Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Cr ...

, and

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...

. The company was created in 1995 and before the appearance of SCM Holdings in 2000 was a major steel rolling corporation in the

. According to

Interfax Interfax (russian: Интерфакс) is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic informat ...

, ISD produces 9.2 million of steel annually. In 2012

World Steel Association World Steel Association, often abbreviated as worldsteel, is the international trade body for the iron and steel industry. The association is one of the largest and most dynamic industry associations in the world, with members in every major st ...

ranking the corporation placed 33rd sharing it with

JSW Steel Ltd JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. After the merger of ISPAT Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private secto ...

Stock holders

Serhiy Taruta Serhiy Oleksiyovych Taruta ( uk, Сергій Олексійович Тарута, rus, Сергей Алексеевич Тарута, r=Sergei Alekseyevich Taruta, born 22 July 1955 in Vynohradne, Donetsk Oblast, Ukrainian SSR) is a Ukrainian ...

* Oleh Mkrtchian * '' Vitaliy Haiduk'' (left corporation) In 2010 the Swiss-based Carbofer Group (associate of Evraz Group) along with a "group of investors" and the

Vnesheconombank VEB.RF, or VEB (russian: ВЭБ.РФ (ex-Vnesheconombank)), is a Russian state development corporation. It was founded in 2007 as a development institute. VEB.RF is an investment company and development institute in Russia. It has financed more t ...

has purchased the controlling interest in corporation 50%+2 stocks. Because of that Vitaliy Haiduk left ISD. Earlier in 2007 Metalloinvest showed its interest to buy portion of ISD.

List of holding's main enterprises

* Alchevsk Metallurgical Combine * Alchevsk Coke-chemical Plant * Dnieper Metallurgical Combine ( Kamianske) * ISD Dunaferr (

Dunaújváros Dunaújváros (; also known by other #Etymology and names, alternative names) is an industrial city in Fejér County, Central Hungary. It is a city with county rights. Situated 70 kilometres (43 miles) south of Budapest on the Danube, the city i ...

, since 2004)

2007 acquisitions

In 2007 ISD obtained from SCM Holdings the Kuibyshev Kramatorsk Metallurgical Plant (

Kramatorsk Kramatorsk ( uk, Краматорськ, translit=Kramatorsk ) is a city and the administrative centre of Kramatorsk Raion in the northern portion of Donetsk Oblast, in eastern Ukraine. Prior to 2020, Kramatorsk was a city of oblast significan ...

) which was fighting against bankruptcy charges since 2006. At the end of 2012 the Donetsk Economical Court recognized Kramatorsk Metallurgical Plant as bankrupt, while most of its assets were transferred to two smaller factories - Kramatorsk Metal-rolling Plant and Kramatorsk Ferroalloy Plant. ISD obtained 75% shares of the Gdansk Shipyard, with the remaining share held by the Polish government. The Polish government regained 50% in 2018.

Smaller companies

* Dnieper Pipe Plant ( Pavlohrad, built in 2008) * Enerhomashspetsstal (

) * Panteleimon Refractory Plant (

Horlivka Horlivka ( , ; uk, Го́рлівка ), or Gorlovka (russian: link=no, Горловка ), is a city of regional significance in Donetsk Oblast, Ukraine. In 2001, the city's population was 292,000, and it was estimated as Economic activi ...

) * Agrarian companies: "Olha", "Zoria" * Dianivska Poultry Farm * Bakhmut Agrarian Union * Karansky Grain Elevator

Media companies

* Internet publisher "ProUA" * Comments newspaper
comments.ua
* Economic news newspaper
www.eizvestia.com
* Expert-Ukraine magazine * Invest-Gazette

Sports

* ISD sports club
www.sportclub-isd.com
*

FC Metalurh Donetsk Football Club Metalurh Donetsk ( uk, Футбо́льний клуб «Металу́рг» Доне́цьк, ) was a Ukrainian professional football club based in Donetsk that went bankrupt in July 2015. History Club predecessor Football c ...

(went bankrupt in 2015 and merged into Stal Kamianske) *

FC Stal Kamianske FC Stal Kamianske ( uk, Сталь Кам'янське) was a professional Ukrainian football club based in Kamianske, Dnipropetrovsk Oblast, Ukraine. After being relegated to the Ukrainian First League after the 2017–18 Ukrainian Premier Lea ...

(moved to Bucha and became PFC Feniks Bucha before going bankrupt in 2018) *

HC Sokil Kyiv Hockey Club Sokil Kyiv ( uk, ХК Сокіл Київ; en, Falcon Hockey Club), commonly known as Sokil Kyiv or HC Sokil, is a Ukrainian Professional Hockey League team based in Kyiv. While their home arena is located in the city, the team also ...

(sponsorship)

Former enterprises

* Khartsyzsk pipe plant * Kramatorsk Metallurgical Plant * ISD Huta Czestochowa (

Częstochowa Częstochowa ( , ; german: Tschenstochau, Czenstochau; la, Czanstochova) is a city in southern Poland on the Warta River with 214,342 inhabitants, making it the thirteenth-largest city in Poland. It is situated in the Silesian Voivodeship (adm ...

). (Since 22 January 2021 part of Liberty House Group.)

Relations and controversies

Academics state that ISD provided significant financial support for

Viktor Yuschenko Viktor Andriyovych Yushchenko ( uk, Віктор Андрійович Ющенко, ; born 23 February 1954) is a Ukrainian politician who was the third president of Ukraine from 23 January 2005 to 25 February 2010. As an informal leader of th ...

during his

presidential campaign President most commonly refers to: * President (corporate title) *President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...

and subsequent

Orange Revolution The Orange Revolution ( uk, Помаранчева революція, translit=Pomarancheva revoliutsiia) was a series of protests and political events that took place in Ukraine from late November 2004 to January 2005, in the immediate afterm ...

. Vitaliy Haiduk (appointed by President YuschenkoYushchenko names businessman to oversee Security Council

Kyiv Post The ''Kyiv Post'' is the oldest English-language newspaper in Ukraine, founded in October 1995 by Jed Sunden. History American Jed Sunden founded the ''Kyiv Post'' weekly newspaper on Oct. 18, 1995 and later created KP Media for his holdings. ...

(Oct. 10, 2006)) headed the

National Security and Defense Council of Ukraine The National Security and Defense Council of Ukraine (NSDC; uk, Рада національної безпеки і оборони України, RNBO or RNBOU) is the coordinating state body of the executive power under the President of Ukrai ...

from October 2006 till May 2007.#12 Richest: Vitaliy Haiduk, 53

(17 December 2010) Haiduk also served as deputy minister and minister of fuel and energy from 2000 under former President

Leonid Kuchma Leonid Danylovych Kuchma ( uk, Леоні́д Дани́лович Ку́чма; born 9 August 1938) is a Ukrainian politician who was the second president of Ukraine from 19 July 1994 to 23 January 2005. Kuchma's presidency saw numerous corru ...

, who in 2002 promoted him to deputy prime minister. Haiduk also served as an adviser on energy to former Prime Minister Yulia Tymoshenko prior to 2010.

References

External links

Official website
* Åslund, A.
How Ukraine Became a Market Economy and Democracy
'. " Peterson Institute". 2009. * Wolchik, S.L., Curry, J.L.
Central and East European Politics: From Communism to Democracy
'. "

Rowman & Littlefield Rowman & Littlefield Publishing Group is an independent publishing house founded in 1949. Under several imprints, the company offers scholarly books for the academic market, as well as trade books. The company also owns the book distributing comp ...

". 2008 {{Authority control Holding companies of Ukraine Companies based in Donetsk Economy of Donetsk Oblast Economy of Dnipropetrovsk Oblast Donbas Conglomerate companies of Ukraine Companies based in Donetsk Oblast