Yenakiyeve Iron and Steel Works

Yenakiyeve Iron and Steel Works Public Joint Stock Company (PJSC) “Yenakiyeve Iron and Steel Works” (ticker EMZ) is an integrated steelmaking enterprise comprising OJSC Yenakiyeve Iron and Steel Works[1] and JV Metalen LLC. Yenakiyeve Iron and Steel Works (Yenakiyeve Steel) is a major employer of the town of Yenakiieve (Donetsk Oblast) with the population of 140,000 people. The works is located in the vicinity of the railway station Yenakiyeve and is 60 km from Donetsk.[2]

Yenakiyeve Metallurgical Factory
TypePublic (subsidiary of Metinvest)
PFTS: ENMZ
Industrysteel production
PredecessorPeter's Factory
FoundedFebruary 2, 1895 (1895-02-02)
FounderTheodore Yenakiiev
Headquarters
Yenakiieve
,
Ukraine
Key people
Aleksandr Podkorytov (Aug.2006-)
(General Director)
OwnerSociété métallurgique russo-belge (1895–1917)
Soviet government (1917–1993)
Metinvest (1993-)
ParentMetinvest
DivisionsMakiivka Factory
Websiteemz.metinvestholding.com/en

A trade blockade by Ukrainian activists during the War in Donbass has all but halted production since February 2017.[3] On 1 March 2017 the separatist Donetsk People's Republic nationalized (along with all Ukrainian enterprises located in territory it controlled) the company.[4] The Commercial Court of Donetsk Oblast declared the enterprise bankrupt in July 2019.[4]

History

The enterprise has more than 100 years' working experience.

November 1897 - The first blast furnace was blown and first cast iron produced. This date is considered to be the date when Petrovskiy (Yenakiievskiy) steel works was established. Another blast furnace, Bessemer, and rail rolling shops were introduced in December.

1898 - The surrounding area was named Yenakiyeve after the name of engineer Fedor Yenakiev.

1914 - A total of 6 blast furnaces and 7 open-hearth furnace, 2 converters, 8 rolling mills were operating at the steel works.

1931 - First domestic casting machine was introduced.

1938 - First sintering plant was launched

1968 - The steel works received the Order of the Red Banner of Labour.

Production

Key types of products producing at Yenakiyeve Steel:

Yenakiyeve Iron and Steel Works was one of the world’s leading square billet producers.[1] Yenakiyeve Steel is a part of Metinvest Group Steel and Rolled Products Division.

See also

References
  1. "News". www.royalcapital.com.ua.
  2. "METINVEST :: About us :: EMZ today".
  3. "Steelmakers in occupied Donbas cease work due to trade blockade in Ukraine". www.unian.info.
  4. "Збанкрутілий завод Ахметова відсудив у держави понад 200 мільйонів". Економічна правда.
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