The British Ferrexpo plc, which controls in Ukraine, in particular, the Poltava and Yeristovo mining and processing plants (PGOK and EGOK), together with international partners, will intensify the provision of humanitarian assistance in Ukraine within the framework of the Group’s Humanitarian Fund.
According to a press release from the company on Tuesday, Russia’s invasion of Ukraine is creating a serious humanitarian crisis within the country. The Group continues to provide assistance through the Fund, which includes the implementation of individual projects ranging from $10,000 to more than $1 million.
At the same time, it is specified that support is provided both to communities located directly next to the territory of the industrial activity of the group, and in other regions of Ukraine. So far, Ferrexpo has provided housing and assistance to more than 1,400 refugees displaced by Russia’s invasion of Ukraine.
Among the main projects implemented are the following: provision of temporary housing for internally displaced persons, namely, the provision of rollaway beds, blankets, installation of lighting and the purchase of batteries to charge phones, as well as computer equipment for local authorities coordinating refugee assistance. Also providing fire brigades with radios, satellite phones and protective equipment for search and rescue in communities directly affected by the invasion, the purchase of batteries for cars and batteries for remote charging of mobile phones for public organizations responsible for helping residents of communities.
In addition, medical supplies are supplied to local hospitals from international suppliers.
Ferrexpo notes that the company’s international business partners, including suppliers, customers and contractors, quickly responded and responded to the call to help Ukraine. A number of the group’s partners have already provided direct humanitarian assistance to Ukraine, in particular, food, medicine, baby food and other household goods. The companies also provide financial support to communities living near the territory of the industrial activity of the group.
Chief Executive Officer (CEO) Jim North in his comment noted that the situation in Ukraine is very difficult and continues to deteriorate and Russia continues to invade Ukraine, which leads to a massive resettlement of people to the west of Ukraine, further from the conflict zones. The support of international organizations is indispensable, and every effort is made to provide direct assistance or to coordinate it where possible.
“We are proud and grateful for the response from our business partners who provided funding to meet the humanitarian needs of Ukraine, in particular, goods and services to the population of Ukraine, provided direct support to projects in the region where we operate. We thank our partners for they responded to Ukraine’s request for help, which is vital today for those affected by the Russian invasion,” North was quoted in a press release.
At the same time, he added that the safety of workers in Ukraine remains Ferrexpo’s number one priority: “I would like to thank our colleagues for their support during these times, as well as for helping to ensure the humanitarian needs of the country.”
Ferrexpo is an iron ore company with assets in Ukraine. Ferrexpo owns 100% of the shares of Poltava GOK, 100% of Eristovsky GOK and 99.9% of Belanovsky GOK.
FERREXPO, HUMANITARIAN AID, UKRAINE
