Metinvest has identified the key conditions for industrial resilience during the war.

Ukrainian industry has adapted to the challenges of war, maintaining jobs

Ukrainian enterprises have managed to quickly adapt to new conditions during the war, ensuring the stability of the industry and the country’s defense capability. This was stated by the CEO of Metinvest Yuriy Ryzhenkov at the GLOBSEC forum in Prague.

After the start of the full-scale invasion in Ukraine, the industry underwent significant transformations. Ryzhenkov emphasized that Ukrainian businesses were forced to change their approaches to work. In particular, the process of creating new products for the military was reduced from several years to several weeks. In 2022, hundreds of products were developed for defense needs, such as underground steel shelters, mobile hospitals of NATO Role 2 level, as well as protective equipment for equipment.

Risking their lives, workers at metallurgical and other industrial enterprises continue to ensure important economic processes. The war has shown that the key resource is people — welders, electricians, and engineers. Without their professional training, it is impossible to imagine a safe defense infrastructure.

Yuriy Ryzhenkov also noted that important factors for the industrial sector in wartime conditions are the protection of workers, stable logistics, the speed of production processes, and the retention of skilled personnel. The work of industrial enterprises directly affects the economy and the financing of the defense sector, as metallurgy brings in foreign exchange earnings and tax revenues, which are extremely necessary in such difficult times.

The GLOBSEC forum in Prague gathered more than 2,000 participants from 86 countries, including representatives of NATO, the EU, governments, the defense industry, and international business. The Metinvest company paid 4.3 billion UAH in taxes and fees to budgets of all levels in Ukraine during the first quarter of 2026 and also announced full repayment of bonds worth over $1 billion.