Procurement Policy

The purpose of the procurement policy of SC «KREMENCHUK STEEL WORKS»  is the efficient acquisition of products, works, and services produced using advanced technologies and modern materials. We strive to ensure an optimal balance between price and quality, which allows us to secure the most favorable conditions for our enterprise.

In conducting procurement, our company creates a sufficient level of competition among tender participants, which helps select the best suppliers. Transparency in procurement procedures is a key aspect of our operations, as it fosters trust in the process from all participants. We aim to ensure fair treatment of all suppliers, regardless of their size or status.

Our procurement policy is based on the principles of competitiveness, openness, efficiency, responsibility, and confidentiality. We focus on conducting procurements by comparing supplier proposals, which allows us to choose the most advantageous conditions. We emphasize openness, ensuring equal rights for all tender participants and fostering fair competition. Procurement efficiency is our priority: we aim to purchase materials, works, and services that meet the required quality standards, ensuring maximum economic benefit for the enterprise.

We adhere to the contracts concluded with suppliers, ensuring stability in collaboration. Confidentiality is an important part of our procurement policy: we limit access to sensitive information by third parties, protecting the interests of our enterprise.

Regarding payment forms, we prefer to make payments upon delivery and offer payment deferral, which helps maintain financial stability and ensures timely payments to our contractors, fostering long-term partnerships.