Business news from Ukraine

DONBASENERGO INVESTS OVER UAH 22 MLN IN SOCIAL PROJECTS

12 December , 2019  

Donbasenergo has been focusing considerably upon social and economic development in
the area where there is Sloviansk TPP, a town-forming undertaking of Mykolaivka United
Territorial Community, keeping up its growth strategy as socially responsible business.
UAH 22 million of out-of-pocket expenses was placed by Donbasenergo in
development of design specifications and estimates, procuring for the state expert
appraisal of projects, along with design and survey works within the ambit of cooperation
with Mykolaivka United Territorial Community in 2016-2019.
Thus, a master plan shaping the progression of Mykolaivka was developed in 2017,
including the area zoning plan awarded a positive opinion from experts in 2018. Detailed
territorial plans for four sites have been rendered complete. There were over UAH 1
million Donbasenergo's investments.
One of the community vital projects undertaken on a turnkey basis in 2017 was the
sports ground of the comprehensive school No. 3 of Mykolaivka. The company has put
UAH 1.6 million in it.
Donbasenergo's resources were used in the full-scale renovation projects of the
infectious diseases department of the Central District Hospital and Polyclinic drafted in
2018, also covering the construction of the town temple. Today, the construction of St.
Spiridon's temple is already broadly underway.
For more than 2.5 years, a Memorandum of Understanding and Cooperation has
been in place between PJSC Donbasenergo and Mykolaivka Municipal Council, under
which priority areas for the development of the partnership have been identified: the
reconstruction of utilities infrastructure, overhaul of roads and lighting networks, amplified
facilities, public service & resources inflows in school and pre-school educational
institutions. The Energy Provider has undertaken to develop design specifications and
estimates for priority projects in respect of Mykolaivka United Territorial Community.
In 2019, Donbasenergo prepared projects for the reconstruction of municipal school
No. 1, boarding school, Avanhard town stadium, as well as reconstruction and landscaping
of the town park along Lesi Ukrainky Street totalling UAH 5.2 million.
The population of Mykolaivka United Territorial Community is 17 thousand people,
25 % of whom are children and teenagers, 55 % are of working age, and 30 % are the
elderly.
For reference: As of December 01, 2019, 60.86 % holder of PJSC Donbasenergo is
ENERGOINVEST HOLDING Private Joint Stock Company, 25 % + 1 share are held by the
state represented by the State Property Fund of Ukraine, 14.14 % holders are other
minority shareholders.
PJSC Donbasenergo unites two power plants: Sloviansk and Starobeshevo TPP
(the latter has been located in the territory beyond the control of Ukraine since 2014).
Since March 2017, due to the suspension of management, annual performance indicators
of assets located in the temporarily occupied Donetsk region are not included in
Donbasenergo records of accounts.
The installed capacity of Sloviansk TPP is 880 MW.