|Traded as||LSE: FXPO|
|Industry||iron ore Mining|
Michael Abrahams, Chairman |
Kostyantin Zhevago, CEO Christopher Mawe CFO
|Products||iron ore pellets|
|Revenue||$961.0 million (2015)|
|$251.1 million (2015)|
|$31.5 million (2015)|
|Subsidiaries||Poltava Mining and Extraction Combinat, Yeristovo Mining and Extraction Combinat|
The business was founded by the Soviet government in 1960 as the "Poltava Mining and Extraction Combinat" to exploit iron ore reserves in Komsomolsk, Ukraine. The business was privatised in 2001 by the Ukrainian Government. In 1977 it started selling its product in the form of pellets. It was first listed on the London Stock Exchange in 2007. In 2011 the company announced that it was considering expansion in countries outside Ukraine.
The Company sells most of its product to the steel mills of Eastern Europe. It is organised into the following units:
The founder, Kostyantin Zhevago, owns 51% of the company.
- "Preliminary Results 2015" (PDF). Ferrexpo. Retrieved 3 December 2016.
- "Ferrexpo appoints new CFO". Director of Finance on line. 3 December 2007. Retrieved 3 December 2016.
- "Ferrexpo considers expanding out of Ukraine". Financial Times. 4 August 2011. Retrieved 3 December 2016.
- "Ferrexpo acquires $80 million stake in Brazilian miner". Financial Times. 18 September 2013. Retrieved 3 December 2016.
- "Ferrexpo has attractions despite founder's big slice". The Times. 21 March 2008. Retrieved 3 December 2016.
- "Ferrexpo must show its mettle to woo investors". The Times. 10 June 2007. Retrieved 3 December 2016.