Private company

Industrial Union of Donbas

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons³

Ukrainian corporation based in Donetsk¹

Industrial Union of Donbas (ISD; Ukrainian: Індустріальний союз Донбасу, romanized: Industrialnyi soiuz Donbasu) 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.² It was founded by Vitaliy Haiduk.¹ Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1995Founded¹

Industryiron and steel industry, mechanical engineering¹
HeadquartersDonetsk¹
Websitewww.isd.com.ua
Legal formcorporation¹

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Industrial Union of Donbas (ISD; Ukrainian: Індустріальний союз Донбасу, romanized: Industrialnyi soiuz Donbasu) 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.²

Corporate structure

Industrial Union of Donbas sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Industrial Union of Donbas Donetsk
- Alchevsk Metallurgical Complex Subsidiary · Alchevsk
- KAMET-STEEL Subsidiary · Kamyanske

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Founded by Vitaliy Haiduk in 1995.¹

Leadership

Who has led Industrial Union of Donbas, and when. Pick a name to see everywhere that person has worked.

FounderVitaliy Haiduk¹

Subsidiaries and ownership

Subsidiaries

From Wikidata.¹

Acquisitions

In 2007 ISD obtained from SCM Holdings the Kuibyshev Kramatorsk Metallurgical Plant (Kramatorsk) 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.

From Wikipedia’s article on Industrial Union of Donbas, shared under CC BY-SA 4.0.⁴

Controversies and legal

Relations and controversies

Academics state that ISD provided significant financial support for Viktor Yuschenko during his presidential campaign and subsequent Orange Revolution. Vitaliy Haiduk (appointed by President Yushchenko) 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.