Ferrexpo is the only company with main assets in Ukraine, whose shares are listed on the London Stock Exchange. The Swiss Ferrexpo AG, which is owned by Ferrexpo PLC (London), is the shareholder of Ukrainian mining plants in Poltava Oblast. Its shares are owned by dozens of minority shareholders around the world.
Mining company Ferrexpo with assets in Ukraine points out the illegality of revoking one of the licenses - for the exploration of the Galeschynske deposit of ferruginous quartzites (Kremenchuk) – after falling under the sanctions of the Belanovo Mining (Horishni Plavni, Poltava region, part of the group).
The Kyiv Economic Court's seizure of majority shares of 50.3% in PrJSC Poltava Mining, Yeristovo Mining LLC, and Belanovo Mining LLC belonging to the mining company Ferrexpo under a claim of the Deposit Guarantee Fund seeking to secure the recovery of losses of almost UAH 46 billion of Finance and Credit Bank and its creditors is illegal and will be appealed, the legal advisors of the ex-owner of the bank Kostiantyn Zhevaho, who controls 50.3% of Ferrexpo, have said.
Ferrexpo entered the top 4 family-friendly companies in Ukraine and topped the rating in Mining and Metallurgical Industry. On November 23, 2021, the official presentation of the research results and the announcement of the winners took place. The survey was conducted by the Center for the Development of Corporate Social Responsibility at the request of the United Nations Population Fund in Ukraine. 50 companies from 16 economy sectors took part in the survey.
Ferrexpo paid over UAH 2.45 billion of taxes and charges for 9 months 2020 3 min read
Enterprises of Ferrexpo (Poltava Mining, Yeristovo Mining and Belanovo Mining) paid more than UAH 2.45 billion of taxes and charges to budgets of different levels by results of January-September 2020, which is more than for the corresponding period of year 2019.
According to the structure of the enterprises’ payments, during the period under review, Poltava Mining (Ferrexpo Poltava Mining, FPM, belongs to Ferrexpo) transferred taxes and contributions to the budget of Ukraine for more than UAH 1923.0 million, Yeristovo Mining (Ferrexpo Yeristovo Mining, FYM, belongs to Ferrexpo) – more than UAH 508.5 million, Belanovo Mining (Ferrexpo Belanovo Mining, FBM belongs to Ferrexpo) – more than UAH 13.5 million.