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Metinvest ceased labor relations with employees of enterprises in the occupied territory

04/07/2017 02:40:16 pm
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Holding Metinvest has ceased labor relations with all employees of enterprises located in the temporarily occupied territory of Donetsk and Luhansk oblasts. This was stated by the press service of the holding, Delo.UA reports.

"All relations have been terminated since March 16, 2017", - the press service of the Metinvest Group replied.

Out of more than 20 thousand employees of enterprises located in the territory under the control of Ukraine, slightly more than 400 people agreed to transfer to other assets of the group.

Metinvest also noted that the top managers, who are charged with the duties of managers of legal entities located in uncontrolled areas, are physically located in the government-controlled territory of Ukraine.

At the end of February 2017, the "authorities" of the fake "LPR" and "DPR" announced the introduction of "external administrations" to enterprises, legally registered in other Ukrainian cities. On March 15, Metinvest announced loss of control over operations in temporarily non-controlled territory. The statement related to the operations of Private Joint Stock Company (PJSC) Yenakiieve Steel (including its Makiivka branch, PJSC Makiivka Iron and Steel Works), PJSC Yenakiieve Coke, PJSC Khartsyzk Pipe, PJSC Komsomolske Flux, PJSC Krasnodon Coal, PJSC Donetsk Coke and the Ukrainian-Swiss joint venture Metalen Limited Liability Company.