Andriy Verevsky
Andriy Verevsky is a Ukrainian entrepreneur, founder and key shareholder of Kernel, one of Ukraine's largest producers and exporters of sunflower oil and grain. He led the company as chief executive and ranks among the country's wealthiest businessmen. The group's operations span agricultural production, processing and export.
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Ferrexpo raises $100m in share placement led by Kernel's Verevsky
Swiss-registered iron ore group Ferrexpo placed 448,848,484 new shares at 16.5 pence each on 4 September, raising roughly $100 million. Kernel owner Andriy Verevsky contributed $50 million for a 21.4% stake, while existing largest shareholder Fevamotinico subscribed for additional shares. The funds are intended to restart Poltava and Yeristivsky mining and processing plants, which suspended production on 5 August due to security risks and port blockages.