Ukraine: Ferrexpo payments to budget up in H1 2017

In January-June Ferrexpo enterprises (Poltava, Yeristovo and Bilanovsky Mining and Processing Works) paid 535.7 million UAH of various taxes to local, regional and the state budgets, up by 29.4% YoY. In particular, PGOK paid 411 million UAH of taxes, EGOK – 122.1 million UAH, and BGOK – over 2.6 million UAH. Poltava GOK paid 78…

Ukraine: Ferrexpo hopes to get permission to start constructing BGOK in December 2016

Ferrexpo plc, controlling Poltava Mining and Processing Works, hopes that all the permission procedures to allow the construction of Bilanovsky Mining and Processing Works, will be completed in December. According to PGOK chairman Victor Lotous, the main problem now is the purchase of land plots. From the time the construction works start and the first…