OREANDA-NEWS. Being an issuer of securities, SCM management company has published the issuer information for 2013 as required by Ukrainian laws.

The document contains general information about SCM, its shareholders, executive officers, corporate governance principles and securities, and reveals the company's financial performance in 2013.

According to SCM financial statements (non-consolidated, excluding financial performance of the SCM Group businesses), the net profit of the company amounted to UAH 3.75bn in 2013.

The profit will be reinvested in further development of SCM Group's assets. In total, SCM is going to invest at least UAH 16bn in organic development of the Group's businesses in 2014 with key investment priorities being:

In 2014, Metinvest Group continues its environmental projects at Mariupol-based plants. Azovstal will reconstruct the aspiration units at iron desulphurization shop and casting houses of blast furnace No. 4.

Ilyich Steel Plant will repair filters at all 12 sintering facilities and upgrade environmental protection systems at furnaces No. 2 and No. 5 of the converter shop. Also, the plant will reconstruct the gas purification system of converter No. 1.

Yenakiyevo Steel Plant is going to launch an advanced air separation unit and a PCI complex, and start building a sinter facility.

Zaporozhstal will commission the hydrochloric acid pickling line and complete overhaul of blast furnace No. 4.

SevGOK and InGOK will continue to build elements of the cyclic-continuous process for ore transportation.

The second stage of Botievo wind farm with 107.625 MW capacity is going to be launched in April 2014, thus increasing the overall capacity to 200 MW. Botievo is the largest wind farm in Ukraine.

SCM Group's consolidated reports will be published by the end of H1 2014.