Business news from Ukraine

Business news from Ukraine

“Energoatom” has registered share issue for UAH 306 bln

25 February , 2024  

On February 21, 2024, NNEGC Energoatom received a certificate of registration of a share issue worth more than UAH 306 billion.

“On February 21, 2024, the company successfully and on time overcame the next stage of corporatization: a certificate of registration of the issue of shares, 100% of which will belong to the state of Ukraine, was received,” the company said on its Telegram channel on Friday.

According to NNEGC, this step is extremely important, as it emphasizes the commitment to implement open corporate standards and transparency in the company’s management.

“The certificate of registration of the share issue makes it possible to attract new investments and increase investments in the energy sector,” Energoatom emphasized.

As reported, on December 29, 2023, the Cabinet of Ministers decided to establish Energoatom, a joint-stock company with 100% state-owned shares.

In January 2024, the state registration of Energoatom took place and the company’s charter was registered.

“Energoatom is the operator of four nuclear power plants: Zaporizhzhya, Rivne, South Ukraine and Khmelnytsky, which operate 15 nuclear power units with a total capacity of 13.8 GW, covering about 55% of Ukraine’s electricity needs.

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