The company has contributed more than $25 million to humanitarian funds and supported more than 100 programs and initiatives.
Ferrexpo company project Humanitarian Fund: Including Ukraine honored by the independent Global Good Awards at the 2024 ceremony. The company’s press service reported this on Friday, October 18.
Ferrexpo received “silver” in the category Champions of Humanitarian Aidand its humanities program was the first in the world to receive accreditation Remaining from the Awards Trust Mark, which confirms compliance with high standards of ethical behavior and transparency.
“The Ferrexpo Humanitarian Aid Fund was established in response to Russia’s invasion of Ukraine to provide aid to workers, local communities and internally displaced people. This project demonstrates Ferrexpo’s commitment to social responsibility and solidarity with Ukraine in difficult times,” the organization of the Global Good Awards. said the committee.
Ferrexpo noted that the company has allocated more than $25 million in funding and supported more than 100 programs and initiatives. Initially, the money was allocated for housing, food, medicine and other necessary items for refugees from the eastern regions. But over time, activities are adjusted according to changes in the needs of society.
“This includes charitable contributions to overcome emergency situations, such as the tragedy at the Kakhovka hydroelectric power station and the shelling of a hospital. Ohmatdet, providing backpacks and emergency supplies for mobilized personnel, working with communities to rebuild infrastructure, and building shelters. We also recently launched a rehabilitation program for veterans,” said Yuri Khimich, head of corporate social responsibility at Ferrexpo Group.
Remind you that the mining company Ferrexpo owns Poltava, Eristovsky and Bilanovsky mining and processing plants (GOK) in Ukraine. In the first three quarters of 2024, production increased to 5.1 million tons, which is 47% more than the same period last year.
It was also reported that Ferrexpo invested $80 million in a production line at the Poltava Mining and Processing Plant.
Source: korrespondent
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