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Finance & Credit to Invest More Than USD 15 mln in Zaliv Shipyard

Finance & Credit to Invest More Than USD 15 mln in Zaliv Shipyard

24 October 2008

Finanance & Credit Group, the holding company for Ferrexpo (FXPO LN: N/R) and Poltava Iron Ore (PGOK: HOLD), has announced plans to invest USD 15-20 mln into the modernization of the Zaliv Shipyard (SZLV: N/R) by 2010. Following modernization the company plans to more than double its output.

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