Ferrexpo

Infobox Company
company_name = Ferrexpo plc
company_logo =
company_type = Public (lse|FXPO)
foundation = 1960
location = Baar, Switzerland
key_people = Michael Abrahams, Chairman
Mike Oppenheimer, CEO
industry = Mining
products =
revenue = £698.2 million (2007)
operating_income = £217.1 million (2007)
net_income = £134.0 million (2007)
num_employees =
parent =
subsid =
homepage = [http://www.ferrexpo.com www.ferrexpo.com]
slogan =
footnotes =

Fenner plc (lse|FXPO) is a leading Swiss-based iron-ore producer operating in Ukraine. It sells most of its product to the steel mills of Eastern Europe. [ [http://business.timesonline.co.uk/tol/business/markets/article3594234.ece Ferrexpo has attractions despite founder’s big slice] ] It is a constituent of the FTSE 250 Index as of 22 September 2008.

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.

tructure

The business is organised into the following units:
* Ukraine - mining and sale of iron ore
* Switzerland - sale of iron ore

Ownership

The founder, Kostyantin Zhevago, owns 75% of the company. [ [http://business.timesonline.co.uk/tol/business/article1908988.ece Ferrexpo must show its mettle to woo investors] ]

References

External links

* [http://www.ferrexpo.com Official site]