KIEV, June 7 ??“ Metinvest Holding, which unites metallurgical assets of Donetsk-based CJSC System Capital Management (SCM), in 2006 saw 1.026 billion in net consolidated profit, Metinvest Holding Director General Ihor Syryi said at a press conference in Kyiv on Wednesday.

He said that the company's consolidated incomes reached $5.65 billion in 2006.

He said that last year the integration of mining and metallurgical assets of SCM Group was completed, and at present Metinvest's team is working as a single whole, which is oriented to achieving common result. This provided rapid growth of the company during its first year of operation.