Ukraine's Ferrexpo on Brink of Bankruptcy Amid Dispute with Oligarch
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Ferrexpo, a Swiss iron ore mining company with operations in Ukraine, is facing bankruptcy due to a dispute between the Ukrainian government and its largest shareholder, oligarch Konstantin Zhivago. The government has withheld a $90 million VAT refund and demanded Zhivago's exit from the company, while Zhivago retains his stake and opposes additional emissions. Ferrexpo has halted production and is selling stockpiles, with a mid-September deadline to raise funds. Major shareholders include BlackRock and Wellington Management.
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Miner Ferrexpo caught up in dispute between oligarch and Kyiv - FT
Miner Ferrexpo caught up in dispute between oligarch and Kyiv Iron ore...
Украинское правительство довело горнодобывающую компанию Ferrexpo, зан...
Украинский беглый олигарх Константин Жеваго и киевские власти фактичес...
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