DCH Group invests in the mining and metallurgical business of Dnipropetrovsk region

In order to invest in the efficiency of the mining and metallurgical business in the region, DCH Group has established DCH Steel management company. In the work of the new company will be invested about $ 200 mln over the next 5 years.

DCH Steel will perform centralized general management functions, managing assets of:
PJSC Dniprovskyi metalurhiinyi zavod  (DMZ, the city of Dnipro);
PJSC Sukha Balka (the city of Kryvyi Rih).

In turn, manufacturing enterprises will concentrate their efforts on the product release and technological improvements. Due to capital investments at the DMZ, they plan to restore the stove stock of coke production and build a continuous casting machine for billets. PJSC Sukha Balka intends to organize a concentrating mill, start developing ore reserves at deeper levels and upgrade equipment.

Expected investment results:

  • elimination of dependence on external supplies of agglomerate;
  • ensuring  positive synergy of  DMZ and Sukha Balka activities;
  • increase competitiveness and financial performance.

For the information: The DCH Group is a multisectoral conglomerate with more than 20 years history. It works on the model of a private equity fund. DCH’s asset portfolio covers sectors such as finance, industry, real estate development, construction, engineering, and other.

Source: based on DCH.