Type of project:
Business acquisition
Business location:
Dnipro, Ukraine
Year of acquisition:
2018
Dnipro Metallurgical Plant PJSC (which used to be known as the Petrovsky Plant) is one of the leading manufacturers of cast iron, steel and rolled metal products in Ukraine. It was founded in 1885. Currently, the company’s products are exported to markets of almost 50 countries worldwide.
The planned investment in upgrading its blast furnaces and developing its cake and by-product process is over USD30 mln. DCH is planning to implement the project that ensures the creation of a continuous steel casting line at a cost of over USD 50 mln (including the corresponding amenities and installation).
DMP employs about 4,500 people.
In 2018, DMP smelted 921 thousand tons of steel and manufactured 777 tons of rolled metal.
