OREANDA-NEWS. June 7, 2012. The information published by some Ukrainian media alleging that employees of the company's ore mining plants are going to partake in a political gathering on 5 June is not true.

As we repeat once and again, Metinvest employees are not involved in any political activities on company time. This rule is fixed in the corporate policy and rigorously observed.  We are beyond politics and any political activity on company time contradicts the corporate ethics of Metinvest Group. The company consistently follows the principle of separation of business and politics at each level of vertical integration.

It includes, among others, any canvassing, politicking, participation in political campaigns and withholding of political party fees from salaries.

During personal time our employees are free to support any political party, exercising their civil rights and freedoms enshrined in the Constitution of Ukraine.

Metinvest is a vertically integrated mining group of companies that manages assets at each stage of production chain - from mining coal and iron ore and producing coke to making steel semi-finished and finished products, pipes and coils as well as other high value-added products. The Group comprises mining and metals enterprises located in Ukraine, Europe and the USA and has a sales network covering all the key global markets. The major shareholders of Metinvest are the SCM Group (71.25%) and Smart Holding (23.75%) that manage the company on the partnership principle.

Metinvest Holding is the managing company of the Metinvest Group.