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Ferrexpo - Latest news GMK Center

Photo – Ferrexpo continues to implement initiatives from its own «The bank of ideas»
Ferrexpo continues to implement initiatives from its own «The bank of ideas»

During the existence of the project, more than 1,100 employees submitted their proposals

Photo – Ferrexpo raised pellets output by 18% in 2Q
Ferrexpo raised pellets output by 18% in 2Q

The Group has operated two pellet lines and intends to keep this utilization level for the remainder of the year

Photo – Salaries in the iron and steel complex returned to the pre-war level
Salaries in the iron and steel complex returned to the pre-war level

This year, companies in the industry are financially encouraging their employees in various ways

Photo – Projects up to UAH 8 billion: Ukrainian business is the main investor in the economy during the war
Projects up to UAH 8 billion: Ukrainian business is the main investor in the economy during the war

The second year of the war showed that Ukrainian business plans development and sees prospects

Photo – Ferrexpo improved energy efficiency through installation of new press filtration complex
Ferrexpo improved energy efficiency through installation of new press filtration complex

Gas consumption expected to be 3% lower, as a result of lower natural gas consumption

Photo – Ferrexpo’s DEI strategy: a successful case of the iron ore business
Ferrexpo’s DEI strategy: a successful case of the iron ore business

Last year, the company launched an updated Fe_munity program, scaling it nationwide

Photo – Ferrexpo expanded the program to support veteran employees of the company
Ferrexpo expanded the program to support veteran employees of the company

The program provides for the creation of all conditions for the full reintegration of the demobilized into society and the working environment

Photo – Ferrexpo estimates decarbonisation could cost up to $3.3 bln
Ferrexpo estimates decarbonisation could cost up to $3.3 bln

Main part of investments will relate to implementation of green hydrogen and solar power technologies

Photo – Dmytro Spatar: Ferrexpo was helped by long-term contracts and traditionally diversified logistics
Dmytro Spatar: Ferrexpo was helped by long-term contracts and traditionally diversified logistics

How the company adapted to logistical restrictions in the situation of blocking sea ports

Photo – Ferrexpo set more ambitious decarbonization targets
Ferrexpo set more ambitious decarbonization targets

The company intends to reduce Scope 1 and Scope 2 emissions by 50% till 2030

Photo – Ferrexpo paid employees an additional financial incentive for 2022
Ferrexpo paid employees an additional financial incentive for 2022

During the year, the company implemented a number of measures to maintain a decent level of remuneration for employees

Photo – Ferrexpo average salary in 2022 exceeded industry average by 41%
Ferrexpo average salary in 2022 exceeded industry average by 41%

The average salary of an employee of the company amounted to UAH 21.4 thousand in 2022

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