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Ferrexpo plc
Type Public (LSE: FXPO)
Founded 1960
Headquarters Baar, Switzerland
Key people Michael Abrahams, Chairman
Kostyantin Zhevago, CEO Christopher Mawe CFO
Industry Mining
Revenue $1,116.9 million (2008)
Operating income $466.7 million (2008)
Net income $313.0 million (2008)
Website www.ferrexpo.com

Ferrexpo plc (LSE: FXPO) is a leading Swiss-based iron-ore producer operating in Ukraine. It is a constituent of the FTSE 250 Index.

Contents

[edit] History

The business was founded in 1960 to exploit iron-ore reserves in Poltava in Ukraine. The business was privatised in 2001 by the Ukraineian Government. In 1977 it started selling its product in the form of pellets. It was first listed on the London Stock Exchange in 2007.

[edit] Operations

The Company sells most of its product to the steel mills of Eastern Europe.[1] It is organised into the following units:

[edit] Ownership

The founder, Kostyantin Zhevago, owns 51% of the company.[2]

[edit] References

[edit] External links




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