In 2023 Ferrexpo employed 46 veterans

In 2023 Ferrexpo, the London listed iron ore company with assets in Ukraine, employed 46 veterans, who had been working for the company before mobilization. 641 workers (9% of company’s workforce) are currently serving in the Armed Forces of Ukraine. It`s stated in the released Full Year Financial Results for 2023 of Ferrexpo.

The company continuously provides mobilised employees with protective equipment, special clothing, and other essential items. Ferrexpo employs the best practices in physical rehabilitation and psychological support when working with veterans. For those unable to return to their previous roles due to factors such as noise and vibration, the company offers opportunities to undergo training and acquire qualifications for new roles.

«I made the decision to defend Ukraine from the very first days of the full-scale aggression thoughtfully. I fought for over a year and was demobilised after sustaining injuries. During my service in the Armed Forces, the company remembered and cared for me and my comrades, ensuring we had everything we needed. After returning from the front, I immediately headed to the plant, where my job was kept for me. Unfortunately, due to my health condition, I could not return to my previous position as a quarry excavator operator, but I was found a place in another department. Now, after completing courses at Ferrexpo’s technical expertise centre, I work as an electrical fitter. Ferrexpo’s veteran support programme is very important because the step-by-step rehabilitation in the company’s medical centre and the best facilities in Ukraine, along with gradual but effective reintegration into the working environment and society, allows veterans to feel their value and continue their self-realisation,» shared Oleksandr Mazur, an electrical fitter in the IT Department at Poltava Mining and a veteran of the Russo-Ukrainian War.

As GMK Center previously reported, Ferrexpo donated over 10 pickups to the defense units worth about 14 million UAH. The company also allocated 150 cars for the needs of defenders of Ukraine.

  • Infrastructure

China will continue to build coal-fired power plants until 2027

China plans to continue building coal-fired power plants until 2027 in regions where they are…

Saturday April 19, 2025
  • Global Market

Italy reduced rolled steel exports by 12% y/y in January

In January 2025, Italian steel enterprises reduced exports of rolled steel products to third countries…

Saturday April 19, 2025
  • Companies

Emsteel increased spending on innovation and investment by 127% in 2020-2024

Emsteel, one of the largest publicly traded steel and building materials producers in the Gulf…

Saturday April 19, 2025
  • Companies

Ferrexpo maintains capital expenditures at $102 mln in 2024

In 2024 capital expenditures of Ferrexpo, the London-listed iron ore producer with operations in Ukraine,…

Friday April 18, 2025
  • Global Market

European prices for hot rolled coils increased in the first half of April

Prices for hot-rolled coils in the Nordic region rose by €10/t in the first half…

Friday April 18, 2025
  • Global Market

EU HRC prices rise, but market remains volatile – WSD

European producers are trying to increase prices for hot rolled coil (HRC) amid limited supply…

Friday April 18, 2025