Akhmetov is the owner of closely held System Capital Management. Most of SCM's assets are concentrated in Ukrainian metallurgy, mining and energy, including a 71 percent stake in Ukraine's largest steel manufacturer. The company also owns interests in commercial real estate, land, telecommunications and financial operations.
Rinat Akhmetov News
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Metinvest BV, Ukraine’s largest steelmaker, has raised more than $550 million from banks for a pre-export finance loan, according to two people with knowledge of the deal.
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Serbia plans to restart one furnace at Zelezara Smederevo d.o.o., its sole steel producer, after NPO Uralvagonzavod OAO of Russia dropped plans to buy the state- owned company.
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Cristiano Ronaldo scored in his first game against former club Manchester United to give Real Madrid a 1-1 draw in their Champions League round of 16 opener.
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ZAT System Capital Management Group, owned by Ukraine’s richest man Rinat Akhmetov , acquired the Ukrainian unit of Russia’s Renaissance Credit Group to help it expand in banking.
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Ukrainian billionaire Rinat Akhmetov’s steelmaker Metinvest appointed Serhiy Melnyk to replace Pavlo Moiseenko as director of the Sukhodilska-Skhidna coal mine, where an explosion killed 27 workers last month.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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SCM Holding, owned by Ukraine’s richest man, Rinat Akhmetov, agreed with Epic Financial Consulting Gesellschaft to acquire a stake in VAT Ukrtelecom, Kommersant-Ukraine reported, citing an unidentified person familiar with the deal.
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Metinvest, Ukraine’s biggest steelmaker, repaid ahead of schedule the remaining 107.5 million euros ($142.3 million) of a seven-year, 410 million-euro loan.
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The 40 richest individuals on Earth lost a combined $6.2 billion yesterday as stocks dropped amid disappointing U.S. earnings, according to the Bloomberg Billionaires Index, a daily ranking of the wealthiest people.
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Metinvest, Ukraine’s biggest steelmaker, expects earnings before interest, taxes, depreciation, and amortization to fall this year on declining steel sales, Chief Financial Officer Sergiy Novikov said.
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