In January-September Ferrexpo invested over 2.4 billion UAH ($90.1 million) in the development of Poltava, Yeristovo and Belanovsky Mining and Processing Works.
In particular, PGOK received 1719 million UAH, while EGOK and BGOK – 710.3 million UAH.
The main capital expenditures at PGOK were the maintenance of the current manufacture at 568 million UAH ($21.1 million) and large-scale strategic projects (588 million UAH or $21.8 million), as well as spare parts and components (564 million UAH or $20.9 million).
EGOK and BGOK invested money in processing, railroad development, capital construction of quarries and infrastructure, as well as geological and other works. (Ukrainian metal)
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