Tag Archives: iron ore

Ukraine Econ Upturn As its Billionaires Start to Raise Cash

Ukraine’s youngest billionaire, Kostyantin Zhevago, who almost lost his iron ore producer, Ferrexpo, when markets crashed two years ago, is back raising cash. According to Millenium Capital, Ferrexpo completed its road-show July 16 planning to place Eurobonds worth $500 million. The company plans to ramp up production by 50% over the next five years, and has [...]

More Billionaires in Eastern Europe, Russia and rest of CIS says Forbes

2009 was a year of recovery for the World’s Billionaires as a whole reports Forbes (for whom I have been freelancing). The wealthiest in Eastern Europe, Russia and the CIS states improved their fortunes as commodities markets recovered and world stock markets rose.
Poland, a success story among transition economies, but which had only 1 billionaire [...]