KYIV, Feb 27 – ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) plans to invest $700 million in modernization of equipment before 2023, CEO Mauro Longobardo has said.

"We have a specific plan focused specifically on protecting the environment. From 2020 to 2023, we plan to invest $700 million only on the environment," he said during a presentation of the Ecology and Sustainable Development Committee under auspices of the European Business Association (EBA) on Tuesday.