General Director of “Velta” Andriy Brods’kiy became laureate of the premium “Person of the Year”

Mar 15, 2012

General Director of the “Velta” Company Andriy Brods’kiy became the winner of the 16th all-national program “Person of the Year – 2011” in the nomination “Investment of the Year”. Andriy Brods’kiy obtained The Laureate Diploma personally at the official award ceremony that was held on the 14th of March 2012 in Kyiv.

Thus the “Velta” Company with its project of the ilmenite mining and beneficiation facility (Birzulovo deposit in Novomirgorod district, Kirovograd region) was chosen as one of the candidates for becoming a winner in the above nomination and one of the most significant previous year investments in Ukraine.

While receiving the Laureate Diploma Andriy Brods’kiy said: “Last year we invested 90 mln USDin the construction of the titanium ore mining and beneficiation facility. As of today it is one of the largest investments in the Kirovograd region not only in the previous year, but during all the period of independence of our country.

As a result we shall be able to adequately represent Ukraine on the global market of the titanium-containing raw materials. Besides, of significant importance to us is the social component of our activities, as we not only provide jobs for five hundred local inhabitants, but also pay a good deal of attention to the welfare and quality of education of many children within the framework of our charity program”.

It’s worth reminding that the mining and beneficiation plant on the Birzulovo deposit of ilmenite was opened in late 2011. The planned production capacity of the enterprise for 2012 is 240 thousand mt of the raw material. When the facility reaches full capacity “Velta” will provide 2 % of the titanium raw material in the world market.