Business news from Ukraine

CABINET APPROVES TARGETED ECOLOGICAL PROGRAM FOR BARRIER’S URANIUM FACILITIES

29 December , 2015  

KYIV. Dec 29 (Interfax-Ukraine) – The Cabinet of Ministers has approved the targeted ecological program for uranium facilities of Barrier company.

This is outlined in cabinet resolution No. 1091 of December 23 published on Monday.

According to the program, Barrier is the main enterprise located on the territory of former Prydniprovsky Chemical Plant, the large enterprise of the USSR defense and industrial complex that produced uranium concentrate. The enterprise had uranium and thorium ores processing facilities, and ending stocks of ore and naturally occurring radioactive materials reached 42 million tonnes.

The program aims at preventing disasters and maintaining safe storage of uranium facilities and monitoring their state. It is planned to realize the program in 2015-2017. It is planned to draw up a long-term strategy for bringing the uranium facilities in the safe condition with the help of a consortium of European organizations Wismut, Visutek (Germany) and Facilia AB (Sweden).

The approximate volume of financing is UAH 67.74 million, including UAH 49.88 million from Ukraine’s national budget and thanks to international technical assistance of the European Union.