On May 29, 2014, the Austrian delegation, led by Extraordinary and Plenipotentiary Ambassador Volf Dietrich Heim, visited “Zaporozhstal” Steel Works to discuss the ecological project of constructing a continuous hydrochloric acid pickling line in the cold rolling mill shop.
During the visit, General Director Rostyslav Shurma discussed the project's implementation status and potential future cooperation with the Austrian Ambassador and representatives from Siemens VAI, the supplier of the CPL-4 equipment.
“Zaporozhstal” is actively pursuing ecological projects to reduce its environmental impact. The construction of the new pickling line represents an investment in improving the ecology of the region and showcases successful collaboration with Austrian partners. Shurma noted the company's commitment to fulfilling credit repayment obligations for this project.
On October 30, 2012, “Zaporozhstal” repaid a credit of 33.2 million EUR from Citibank International plc, which was secured by the Austrian Control Bank (OeKB). This funding was essential for purchasing Siemens VAI equipment for the CPL-4 installation, with total investments in the project reaching 730 million UAH.
During the meeting, Shurma emphasized the importance of Siemens VAI as a key supplier and OeKB as a pivotal financial partner for the upcoming oxygen-converter plant construction, which aims to replace outdated open hearth steelmaking processes.
Ambassador Volf Heim praised “Zaporozhstal” Steel Works, expressing his appreciation for their commitment to enhancing operational effectiveness and fulfilling obligations. He remarked that “Zaporozhstal” represents a successful example of competitiveness in the industry.
Robert Reisetbauer from Siemens VAI highlighted the significance of their future collaboration: “For us, “Zaporozhstal” Steel Works is a reliable partner demonstrating a high level of execution on strategically important projects. Financial support from Austria allows us to work closely with Ukrainian partners. We look forward to continuing our cooperation and are eager to be part of the construction of the oxygen-converter plant.”