Business news from Ukraine

Business news from Ukraine

CABINET APPROVES ENERGOATOM FISCAL PLAN FOR 2015 WITH UAH 1.2 BLN NET PROFIT

3 September , 2015  

KYIV. Sept 3 (Interfax-Ukraine) – The Cabinet of Ministers has approved the financial plan of state enterprise Energoatom (Kyiv) for 2015 with a projected net profit of UAH 1.2 billion.

“[The enterprise will make a] UAH 1.2 billion net profit after two years of losses,” Minister of Energy and Coal Industry Volodymyr Demchyshyn said after a cabinet meeting.

He added that, according to the financial plan, Energoatom in 2015 will pay UAH 6 billion in various taxes to the budget.

As reported, Energoatom is the operator of all four operating nuclear power plants in Ukraine. It operates 15 units equipped with VVER reactors with a total installed electrical capacity of 13.835 GW.