Tag: Ferrexpo

The Roof Has Gone Wild: How Avakov the Devil Drowned Zhevaga

Arsen Avakov, Ministry of Internal Affairs, dossier, biography, compromising information

That stunning mug, Arsen Borisovich, who during the most pathetic moments of our history was commonly called the "kingmaker," the "all-powerful head of the Ministry of Internal Affairs," and "not first, but not second either," is now warming his belly, scarred by bandit bullets, in an Italian villa. Not far from him, in Europe, they're whiling away...

Austrian MPs demand investigation of Zhevago's villas and Voestalpine deals

A 20-question parliamentary inquiry regarding the Ukrainian billionaire's business empire has been sent to the Austrian Ministry of Finance. Members of parliament are interested in four villas, four Austrian companies, a Danube shipping company with a balance sheet loss of approximately €41 million, Ferrexpo's tax transactions, and the possible use of classified information in stock trading.

Poltava Mining and Processing Plant Held Hostage by Oligarchs: $620 Million in Zhevago Debt and Bankruptcy by Kryuchkov

While the courts are busy dividing up shares, debts, and corporate rights, ordinary employees of the city-forming enterprise risk losing their jobs. So, Maxi Capital Group. Russian shelling, which forces the Poltava Mining and Processing Plant to periodically halt operations, isn't enough. Now it finds itself between two...

The 4,7 Billion Case: How Medvedchuk's Associate Is Trying to Sue Poltava Mining and Processing Plant for a Non-Existent Debt

Inconsistent decisions by unreformed Ukrainian courts and their selective enforcement, including by government officials, create additional risks for businesses. Take the Poltava Mining and Processing Plant. A prime example is the Poltava Mining and Processing Plant, from which they are attempting for the second time to recover 4,7 billion hryvnias in debt, already repaid...

The head of Poltava Mining and Processing Plant evaded paying taxes of 1,7 billion hryvnias.

The head of one of the largest mining and processing plants, part of a fugitive oligarch's group of companies, will be tried for tax evasion totaling 1,7 billion hryvnias. This was reported by the Prosecutor General's Office, according to Bagnet. How did the head of Poltava Mining and Processing Plant profit? The company, which mines, processes, and exports iron ore, is part of the industrial and financial…

Not just Akhmetov and Kolomoisky. Who else is mining iron and manganese ores in Ukraine?

The State Geological Survey has issued over two dozen special permits for iron ore mining, Telegraf reports. Who mines iron and manganese ores? Ukraine holds approximately 6 percent of the world's iron ore reserves, ranking sixth in the world for their production. The situation with manganese ore reserves is even better: approximately 10% of global production, the first…

Sanctions against Zhevago. Ferrexpo has suspended VAT refunds, which could impact production.

Ferrexpo Group announced that two of its subsidiaries, Poltava Mining and Processing Plants and Yeristovsky Mining and Processing Plants, have received notifications from Ukrainian tax authorities about their decision to suspend VAT refunds for January 2025 in the amount of UAH 512,9 million ($12,5 million). This was stated in a company statement, according to NV. The tax authorities' explanation for the refund suspension…