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Ferrexpo Warns of Serious Consequences Due to VAT Refund Suspension

Ferrexpo issues warning on negative impact of VAT refund suspension by Ukrainian tax authorities, risking jobs and tax revenues. Urgent measures needed to restore refunds and support company's vital role in economy.

This news matters as Ferrexpo's VAT refund suspension could lead to job losses, reduced tax revenues, and hindered economic stability in Ukraine. The decision puts significant financial strain on the company, impacting its operations and the local community. Urgent action is needed to restore VAT refunds and support Ferrexpo's contribution to the Ukrainian economy during these critical times.