Metinvest B.
V. (Netherlands), the parent company of the metals and mining group Metinvest, as of June 30, 2026, reduced its debt to $1.027 billion from $2.242 billion at the end of 2021.
According to the annual report of Metinvest B.
V. published on Monday, Metinvest has made significant progress in reducing its debt burden during the reporting period. As a result, total debt as of December 31, 2025 was $1.441 billion, down 15% from the previous year. At the same time, the ratio of net debt to EBITDA increased to 1.4x, an increase of 0.4x compared to the previous year.
It is clarified that bonds listed on the Euronext Dublin exchange continued to form the bulk of the group's capital structure - this is 88% of the debt portfolio compared to 85% as of December 31, 2024.
Metinvest continued to actively manage the ore segment mining industry decreased by 25% year-on-year to $2.135 billion due to the lack of sales of coking coal concentrate and a decrease in sales of iron ore products (by 11%). The segment’s contribution to total revenue was 29% (a decrease of 8 p.p.year-on-year).
In 2025, revenue of the metallurgical segment grew by 6% year-on-year to $5.107 billion, mainly due to growth in sales of finished products, semi-finished products (by 4% and 7%, respectively) and other products and services (by 40%). Meanwhile, coke sales were down 20% year on year. This segment accounted for 71% of total revenue in the reporting period (up 8 percentage points year-on-year).
For the year, the group generated an operating profit of $319 million, compared with an operating loss of $858 million in 2024
Then CEO
