14:45 25.11.2021

Ferrexpo tops the list of family friendly companies in the Mining and Metallurgical Industry

4 min read

Ferrexpo entered the top 4 family-friendly companies in Ukraine and topped the rating in Mining and Metallurgical Industry. On November 23, 2021, the official presentation of the research results and the announcement of the winners took place. The survey was conducted by the Center for the Development of Corporate Social Responsibility at the request of the United Nations Population Fund in Ukraine. 50 companies from 16 economy sectors took part in the survey.

Ferrexpo Group Business Units (Poltava Mining, Yeristovo Mining, Belanovo Mining) implement a policy aimed at supporting male and female workers with their families. The company uses best practices to create favorable conditions for meeting the needs of people in the company.

For a balance between work and personal life, at the level of corporate culture, mutual respect for a person's personal time is maintained, so it is not customary to bother a colleague after the end of the working day, on weekends or during holidays, with the exception of emergency production situations. For the third year in a row, the Employee Well-Being Program has been in operation, training webinars on physical and mental health, financial literacy have been held. There is a hotline of psychological support on an ongoing basis, to which every male or female employee can apply.

To preserve and improve the physical health of the staff, Ferrexpo operates an expanded medical life and health insurance program, conducts medical examinations at its own medical and sanitary base with the latest equipment, provides free access to the swimming pool, preferential vouchers for health improvement and classes in a sports complex.

Ferrexpo is a leader in Ukraine in the implementation of the gender equality and inclusion principles. The women of the company are provided with comprehensive support for maximum self-realization both at home and at work. More than 160 women are trained at the Fe_Munity Women's Leadership School, where they receive support and motivation. For women on maternity leave, remote or flexible working hours are possible. The Paternity leave program has been implemented is if a married couple works at the Business Unit, and the man's salary are higher, with participation in the program, the wife will receive compensation in salary while the man is on paternity leave, so that the family budget does not suffer.

Ferrexpo has a number of benefits in accordance with the terms of the collective agreement, in addition to what is assigned by law. For example, a material payment in connection with marriage, to the parents of a first-grader, New Year's gifts and preferential health-improving vouchers for children, financial assistance to employees who find themselves in difficult life circumstances.

Anna Adom, HR Director of Ferrexpo Poltava Mining

“A family-friendly attitude on the part of the employer has a positive effect on labor productivity. We understand that comfortable working conditions for employees with family responsibilities contribute to increased loyalty to the employer. And the well-being of our employees, generally, has a positive effect on the efficiency of our company.”

About Ferrexpo: 

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been.mining, processing and selling high quality iron ore pellets to the global steel industry for over 40 years. In 2020, the Group produced 11.2 million tonnes of iron ore pellets, a 7% increase on the prior year. The Company is ranked as the world's 3rd largest exporter of pellets to the global steel industry with a market share of approximately 9%. Ferrexpo has a diversified customer base supplying steel mills in Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey, Vietnam and America. Ferrexpo has a premium listing on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com.

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