Industrial Union of Donbas

Industrial Union of Donbas is one of the biggest corporations in Ukraine. It is a horizontally integrated holding company that owns or directs stocks of 40 industrial enterprises in East Ukraine, Hungary, and Poland. The company was created in 1995 and before the appearance of SCM Holdings in 2000 was a major steel rolling corporation in East Ukraine. According to Interfax, ISD produces 9.2 million of steel annually. In 2012 World Steel Association ranking the corporation placed 33rd sharing it with JSW Steel Ltd.
In 2021 a court process was initiated regarding bankruptcy of ISD. Later, the Alchevsk Coke-Chemical Factory was recognized bankrupt and proceedings were initiated to liquidate a business entity. In 2017 ISD was informing that lost control of the Alchevsk Coke-Chemical Factory.

WWW Official Site

Stock holders

In 2010 the Swiss-based Carbofer Group along with a "group of investors" and the Vnesheconombank has purchased the controlling interest in corporation 50%+2 stocks.
Because of that Vitaliy Haiduk left ISD. Earlier in 2007 Metalloinvest showed its interest to buy portion of ISD.

List of holding's main enterprises

Alchevsk Metallurgical Combine
Alchevsk Coke-chemical Plant
Dnieper Metallurgical Combine, in 2021 the Ukrainian Metinvest bought out the enterprise after it was recognized as bankrupt.
ISD Dunaferr, in July of 2023 the British Liberty Steel acquired bankrupted Hungarian enterprise.

2007 acquisitions

In 2007 ISD obtained from SCM Holdings the Kuibyshev Kramatorsk Metallurgical Plant which was fighting against bankruptcy charges since 2006. At the end of 2012 the Donetsk Economical Court recognized Kramatorsk Metallurgical Plant as bankrupt, while most of its assets were transferred to two smaller factories - Kramatorsk Metal-rolling Plant and Kramatorsk Ferroalloy Plant.
ISD obtained 75% shares of the Gdansk Shipyard, with the remaining share held by the Polish government. The Polish government regained 50% in 2018.

Smaller companies

Dnieper Pipe Plant
Enerhomashspetsstal
Panteleimon Refractory Plant
Agrarian companies: "Olha", "Zoria"
Dianivska Poultry Farm
Bakhmut Agrarian Union
Karansky Grain Elevator

Media companies

Internet publisher "ProUA"
Comments newspaper
Economic news newspaper
Expert-Ukraine magazine
Invest-Gazette

Sports

Former enterprises

Khartsyzsk pipe plant
Kramatorsk Metallurgical Plant
ISD Huta Czestochowa.

Relations and controversies

Academics state that ISD provided significant financial support for Viktor Yuschenko during his presidential campaign and subsequent Orange Revolution. Vitaliy Haiduk headed the National Security and Defense Council of Ukraine from October 2006 till May 2007. Haiduk also served as deputy minister and minister of fuel and energy from 2000 under former President Leonid Kuchma, who in 2002 promoted him to deputy prime minister. Haiduk also served as an adviser on energy to former Prime Minister Yulia Tymoshenko prior to 2010.