SCM Holdings

SCM Holdings
Company typePrivate
IndustryHolding
Founded2000 (2000) in Donetsk
Headquarters,
Key people
Rinat Akhmetov (owner)
Oleg Popov (CEO)[1]
RevenueIncrease US$23.470 billion (2012)
Total assetsIncrease US$31 billion (2012)
OwnerRinat Akhmetov (100%)
Number of employees
300,000
SubsidiariesMetinvest
DTEK
ESTA Holding
Websitewww.scm.com.ua

System Capital Management or SCM (Ukrainian: Систем Кепітал Менеджмент) is a major Ukrainian financial and industrial holding company established in 2000 in Donetsk, Ukraine. It is currently headquartered in Limassol, Cyprus.[2] The business is controlled by Ukrainian businessman and oligarch Rinat Akhmetov, who owns 100% of the company's shares. In 2011, the group had revenues of around $19.5 billion and assets worth over $28.4 billion.[3][unreliable source?]

The company includes over 100 businesses in metals and mining, power generation, banking and insurance, telecommunications, media, real estate, and others.[4] SCM employs approximately 200,000 people. The group is audited by PricewaterhouseCoopers.[5][unreliable source?]

As of May 2022, SCM (dba SCM Consulting Ltd) was represented in the United States by the Washington, D.C. based public relations firm Qorvis LLC.[6]

  1. ^ "Power structure SCM Holdings". SCM Holdings. 6 July 2023. Retrieved 26 August 2023.
  2. ^ "System Capital Management Company Profile". datanyze.com. Retrieved 16 January 2024.
  3. ^ "System Capital Management : Key Financials". Scmholding.com. Retrieved 3 November 2016.
  4. ^ "How a Ukrainian Steel Company is Making Sure Russia Pays For its Invasion". Get the Latest Ukraine News Today - KyivPost. Retrieved 15 January 2024.
  5. ^ "Investor relations – Key financials". SCM. Retrieved 18 October 2011.
  6. ^ United States Dept of Justice. Registration Statement Pursuant to the Foreign Agents Registration Act. May 22, 2022. Original: https://efile.fara.gov/docs/5483-Exhibit-AB-20220519-84.pdf Archived: https://web.archive.org/save/https://efile.fara.gov/docs/5483-Exhibit-AB-20220519-84.pdf