The international investment group Solway, which owns Pobuzhsky Ferronickel Plant LLC (PFP, Kirovohrad region), has confirmed its exit from Russian assets due to Russia’s military aggression against Ukraine.
“In March 2022, the group condemned the actions of taken by the Russian government against the people of Ukraine and decided to exit all its projects in Russia. At the moment, this process has been legally completed,” the company told Interfax-Ukraine on Saturday.
Earlier, the media disseminated information that the international mining and metallurgical group Solway exited the project for gold mining at the dumps of the Klyuchevskoye deposit in Transbaikalia and the existing enterprise for the extraction of gold and silver in the Kuril Islands.
Pobuzhsky Ferronickel Plant is the only enterprise in Ukraine that produces ferronickel on an industrial scale.
In 2003, after a long downtime, the international company Solway Investment Group acquired the assets of the plant and restarted it a year later.
