ArcelorMittal Kryvyi Rih, the largest steel and mining company in the Ukraine, has been named by Forbes Ukraine magazine as the country’s leading exporter for 2015.
The analysis was carried out based on the performance results of the largest Ukrainian companies in the first half of last year.
The top ten companies in the list accounted for 27% of the country’s US$18.5bn exports in 2015, which further highlights their importance to the country’s economy.
ArcelorMittal Kryvyi Rih is the largest full-cycle metallurgical company in the Ukraine. Its operations include a coke and by-product plant, iron-ore deep mining, and a metallurgical complex consisting of a sinter and blast furnace, steelmaking and rolling process departments.
“ArcelorMittal is committed to its operations in Ukraine and we are proud to be recognised as one of the major drivers of the country’s economy”, said Paramjit Kahlon CEO of ArcelorMittal Kryvyi Rih.
“We recently celebrated the tenth anniversary of ArcelorMittal’s presence in Ukraine, which provided a good opportunity to take stock of the remarkable progress we have made so far. Going forward, we will continue to invest in our operations, to support a sustainable future for our business, our employees, and the wider community”.
In addition to this recent accolade, ArcelorMittal Kryvyi Rih has also maintained its pole position for the second year running in the “Transparency Index” published by Ukraine’s Centre for Corporate Social Responsibility (CSR) Development. The index evaluates the top 100 largest companies in the country, across 18 economic sectors, and determines the level of transparency and availability of information.
ArcelorMittal Kryvyi Rih was rated at 85%, the highest level of any Ukrainian company. The company was evaluated against four criteria: reporting, content, navigation, and availability of information relating to corporate social responsibility.
The Centre for CSR Development is the leading corporate social responsibility organisation in Ukraine and also a member of the United Nations’ Board of Global Agreement, a national partner of CSR Europe in Brussels, and a member of the World Business Council for Sustainable Development (WBCSD) in Geneva.
The Transparency Index was founded in 2011 to encourage companies in Ukraine for more disclosure on corporate responsibility.
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