Company attributes
Other attributes
System Capital Management or SCM is a major Ukrainian financial and industrial holding company established in 2000 in Donetsk in the east of the country and since 2014 headquartered in Kyiv. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 100% of the company shares. In 2011, the group has revenues of around $19.5 billion and has assets worth over $28.4 billion.
History
In 2000, SKM JSC (System Capital Management, SCM) was founded in Donetsk, Ukraine to manage Rinat Akhmetov's business assets.
In the course of the corporate restructuring program launched in 2006, certain operating assets of the SCM Group were merged into industry holdings, which were given the rights to own and manage them. Thus, two main holdings were formed - Metinvest (mining and metallurgical business) and DTEK (energy business). The role of JSC SCM in the group management system has also changed: from the operational management of individual assets, it has moved to the strategic management of formed industry holdings or business lines of the group
Activity of the company
At present[when?] SCM Limited manages more than 500 businesses employing about 200,000 people[4].
JSC "System Capital Management" - strategic management
SCM Holdings Ltd. — ownership of the corporate rights of the assets of the SCM group
SCM Advisors (UK) Limited - functions of an investment advisor to the SCM group outside of Ukraine
Metinvest Holding - mining and metallurgical industry
Northern Mining and Processing Plant
Central Mining and Processing Plant
Ingulets Mining and Processing Plant
Komsomol Mining Administration
United Coal Company
Avdiivka Coke Plant
Incor & Co
MMK them. Ilyich
Azovstal
Promet Still AD
Ferriera Valsider
Metinvest Trametal
Spartan UK
Metinvest-Shipping
OOO Metinvest-Resource
Metinvest International S.A.
Metinvest Eurasia
Metinvest-Ukraine
Metinvest-SMC
Metinvest Distribution
Metinvest-PromService
Metinvest-Engineering
Metinvest-MRMZ
Zdravnitsa Plus
PJSC "Zaporizhstal"
PJSC "Zaporozhogneupor"
PJSC "Zaporozhkoks"
Metinvest-KRMZ
OOO ZLMZ
DTEK - energy business
DTEK Pavlogradugol
Mine "Komsomolets Donbassa"
Mospinsk coal processing enterprise
Central processing plant "Kurakhovskaya"
Central processing plant "Pavlogradskaya"
Central processing plant "Dobropolskaya"
Central processing plant "Oktyabrskaya"
Vostokenergo
Dneproenergo
DTEK High Voltage Grids
Socis
DTEK Service
PES-Energougol
Wind Power
Kyivenergo
Corum Group - production of mining equipment
Banks
First Ukrainian International Bank (FUIB)
Insurance
ASKA
ASKA-Life
Media Group Ukraine - television, online and print media
TV channel "Ukraine"
TV channel "Football1"
TV channel "Football2"
TV channel "Indigo"
TV channel "NLO-TV"
TV channel "Donbass"
Channel 34 TV channel
Digital Screens (Internet video service oll.tv)
Portal Segodnya.ua
RIO
Evening Donetsk
Donetsk news
Priazovsky worker
Printing house in Vyshgorod
ESTA Holding[uk] - real estate
The second stage of the business center "Leonardo". Business center in Kiev.
Opera Hotel. Hotel in Kiev.
Kiev TSUM. General store in Kiev.
Logistics center in Dnepropetrovsk.
United Minerals Group - production of mineral raw materials
Vesco
Druzhkovskoye Mining Administration
Refractory ore
LLC "Portinvest" - port holding
Lemtrans LLC is a freight forwarding company
HarvEast Holding - agricultural business
The SCM Group also includes the Shakhtar football club and the five-star stadium of FC Shakhtar Donbass Arena.
At the beginning of 2009, at a meeting of the World Economic Forum participants in Davos, SCM CEO Oleg Popov announced[6] that the company would continue to develop its assets in strategic business areas for SCM — Metinvest, DTEK, financial, telecommunications, media sectors, real estate and retail. He also added that the purchase of new companies is not the main priority for the company, however, if interesting proposals come in, SCM will definitely consider them.
One of the latest major acquisitions of SCM is the American coal mining company United Coal Company (UCC), which became part of the Metinvest group. According to analysts, the deal amounted to more than $1 billion[7].
In November 2010, at a press conference dedicated to the tenth anniversary of SCM, Oleg Popov announced that over the next 10 years the company plans to invest $10 billion in the development of the SCM group's business and increase the value of the group's assets to $50–100 billion [8]. The CEO of SCM also said that the company plans to acquire assets in the transport and agricultural sectors.
