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Vorskla Steel project to take longer than expected, company says
Journal Staff Report

KIEV, Jan. 29 – The realization of a project of Cypriot Vorskla Steel, which established a 100% subsidiary Vorskla Steel KFT (Hungary, both affiliated with Ukrainian owner of Ferrexpo mining company Kostiantyn Zhevaho) will take 7.5-8 years instead of five years as it was planned earlier, Zhevaho said in an interview with the Focus magazine.

He said that the project was postponed for two-three years.




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