Monaco ambassadors award ceremony in Monaco Industrial Union of Donbass

The Monaco Ambassadors Award is presented by HSH Prince Albert II, Sovereign Prince of Monaco to Mr. Sergei Taruta, Chairman of the Industrial Union of Donbass. The Industrial Union of Donbass (ISD) is one of the major groups that have emerged within Ukraine’s steel industry. As well as acquiring two integrated plants on their privatization, Alchevsk and Dnieprodzerzhynsky, it also owns down-stream operations in Ukraine including engineering plants. It is vertically integrated assuring raw materials supply by ownership of coal and ore mines. It has an international outlook, having a partnership agreement with Swiss-based international traders, and bought Hungary’s largest steelworks, Dunaferr (which now includes DAM). 

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