In January-June Ferrexpo invested over 1.4 billion UAH (more than $52.9 million) in the development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works.
In particular, PGOK received 938 million UAH ($35.1 million), while EGOK and BGOK – 474 million UAH ($17.8 million).
The projects to maintain manufacture at PGOK amounted to 333 million UAH ($12.5 million), while major strategic projects – 311 million UAH ($11.6 million) and spare parts and components accounted for 294 million UAH ($11 million).
EGOK and BGOK invested in processing, development of railroads, capital repairs of quarries and infrastructure, etc. (Ukrainian metal)