industry iron ore mining founded 1960 headquarters baar switzerland key people michael abrahams chairman kostyantin zhevago ceo christopher mawe cfo products iron ore pellets revenue 1 581.4 million 2013 1 operating income 401.4 million 2013 1 net income 263.8 million 2013 1 subsidiaries poltava mining and extraction combinat yeristovo mining and extraction combinat website www.ferrexpo.com ferrexpo plc is a swiss based iron ore producer operating in ukraine . it is listed on the london stock exchange . contents 1 history 2 operations 3 ownership 4 references 5 external links history edit the business was founded by the soviet government in 1960 as the poltava mining and extraction combinat to exploit iron ore reserves in komsomolsk ukraine . 2 the business was privatised in 2001 by the ukrainian government . in 1977 it started selling its product in the form of pellets . it was first listed on the london stock exchange in 2007 . 2 in 2011 the company announced that it was considering expansion in countries outside ukraine . 3 ferrexpo acquired an 80 million stake 14.4 % in a brazilian mining company ferrous resources in september 2013 as part of its push to expand beyond eastern europe . 4 operations edit the company sells most of its product to the steel mills of eastern europe . 5 it is organised into the following units ukraine mining and sale of iron ore switzerland sale of iron ore ownership edit the founder kostyantin zhevago owns 51 % of the company . 6 references edit a b c preliminary results 2013 a b ferrexpo appoints new cfo ambition 3 december 2007 financial times ferrexpo considers expanding out of ukraine kyiv post 4 august 2011 ferrexpo acquires 80 million stake in brazilian miner international reuters 2013 ferrexpo has attractions despite founder s big slice ferrexpo must show its mettle to woo investors external links edit official site companies portal retrieved from https en.wikipedia.org w index.php title ferrexpo & oldid 647079256 categories companies established in 1960iron ore mining companiescompanies listed on the london stock exchange navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 14 february 2015 at 10 05 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view