Despite financial losses and open proceedings, Ferrexpo is investing in modernization. Experts suspect breeding assets abroad
Ferrexpo officially reports: $ 55 million investments in production capacity over half a year. PR or real update? As experts say, such “investment activity” looks too contradictory when considering:
▪️ In 2023 the company had $ 85 million losses,
▪️ In 2024 – arrests of accounts, lawsuits and blocked assets,
▪️ The beneficiary – Konstantin Zhevago, suspected of several NABU cases, is hiding abroad.
According to individual analysts, “modernization” in such circumstances can be a cover tool – for example, for the withdrawal of capital or the conservation of assets that are potentially subject to arrest.
DUST⚡️Ukraine | Send the news
