By Eliza Popova
This morning, Ferrexpo, the largest shareholder of which is Ukrainian businessman Konstantin Zhevago, stated the decision of the Court of Appeal, which was declared invalid the contract of sale and sale of shares of Poltava GZK (PGZK). It was concluded 20 years ago - in 2002. At that time, 40. 19% of the PGZK shares were sold to companies owned by Konstantin Zhevago at that time. They sold companies that were at that time in the so-called VS Energy business group.
Among her beneficiaries were Russian businessmen and politicians, Alexander Babakov and Yevgeny Giner. Video Video Context for PGZK is a key production asset of the Ferrexpo group, which as of today has a large number of minority shareholders. In particular, 5. 4% of the shares belongs to the world's largest Blackrock, Inc. But 50. 3% because of Fevamotinico Sarl is owned by Constantine Zhevago.
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