In the first quarter of 2025, JSC NAEK Energoatom paid UAH 12.6 billion to the Ukrainian budget in the form of taxes, mandatory payments, and a single contribution to compulsory state social insurance.
“This is UAH 5.7 billion more than in the same period of 2024,” the company said on its Telegram channel.
In turn, according to Energoatom’s financial results for the first quarter of 2025, published by MP Oleksiy Kucherenko on Facebook, NAEK’s net income from the sale of products (goods, works, services) in January-March reached UAH 77 billion, with the cost of production amounting to UAH 17.6 billion and gross profit amounting to UAH 59.4 billion.
As reported with reference to Kucherenko, according to the results of the first quarter of 2025, Energoatom received UAH 12.15 billion in net profit. He also recalled that at the end of 2024, Energoatom recorded UAH 1.3 billion in net profit.
According to the report of the Temporary Investigation Commission (TIC) of the Council on Possible Violations in the Tariff Policy in the Energy Sector for the six months of its activity, the current electricity tariff for the population of 4.32 UAH/kWh provides Energoatom with additional undistributed profit and depreciation in the amount of 0.99 UAH/kWh, which is about 49 billion UAH per year.
Members of the TSC believe that the level of electricity prices for the population set by the Cabinet of Ministers of Ukraine as of May 2024 fully corresponds to the economically justified level.
On May 14, the Verkhovna Rada took note of the TSC’s report on the investigation of possible violations of Ukrainian law in the formation and implementation of pricing and tariff policy in the energy and utilities sectors during its six months of activity.
By a corresponding resolution, the Rada extended the work of this Temporary Commission for a period determined by parliament (one year from the date of its establishment) and decided to hear its report on the work done at a plenary session by October 30, 2025. The Temporary Commission was established by a resolution of the Verkhovna Rada on October 30, 2024.
In 2024, Energoatom paid UAH 145.35 billion for PSO services (provisions on the imposition of special obligations – IF-U), allocating 58% of its net income to this purpose.
According to the results of the first quarter of 2025, JSC “NAEK ‘Energoatom’ received UAH 12.15 billion in net profit, said the head of the Temporary Investigation Commission (TIC) of the Verkhovna Rada on violations in the tariff policy in the energy sector, People’s Deputy Oleksiy Kucherenko, referring to the company’s financial statements on Facebook.
“In addition, the amount of depreciation accrued for the first quarter of 2025 amounted to UAH 5.7 billion. Thus, a total of almost UAH 18 billion was allocated for distribution in the first quarter,” he wrote.
According to Kucherenko, of the UAH 18 billion, about UAH 3-4 billion was allocated for capital investments, and the remaining UAH 14 billion requires separate justification for its distribution.
“That is, for the first quarter of 2025 alone, UAH 14 billion already requires justification for its further distribution,” he said.
As the head of the TSC recalled, at the end of 2024, Energoatom recorded a net profit of 1.3 billion hryvnia.
“The result of the TSC’s work (requests sent, working hearings held, meetings) was that, already during the commission’s work, the management of energy companies began to realize the risks of manipulating financial reporting indicators,” Kucherenko said.
As reported with reference to the report of the Temporary Investigation Commission headed by him, the current electricity tariff for the population of 4.32 UAH/kWh provides Energoatom with additional undistributed profit and depreciation in the amount of 0.99 UAH/kWh, which is about 49 billion UAH per year.
Members of the Temporary Investigation Commission believe that the price of electricity for the population set by the Cabinet of Ministers as of May 2024 is fully in line with economically justified levels.
On May 14, the Verkhovna Rada took note of the TSC’s report on the investigation of possible violations of Ukrainian legislation in the formation and implementation of pricing and tariff policy in the energy and utilities sectors during its six months of operation.
By a corresponding resolution, the Rada extended the work of the Temporary Commission for the period specified by parliament (one year from the date of its establishment) and decided to hear its report on the work done at a plenary session by October 30, 2025. This Temporary Commission was established by a resolution of the Verkhovna Rada on October 30, 2024.
In 2024, Energoatom paid UAH 145.35 billion for PSO services (provisions on the imposition of special obligations – IF-U), allocating 58% of its net income to this purpose. The company’s net profit for the past year amounted to UAH 1.3 billion.
The net profit of NNEGC Energoatom JSC for 2024 amounted to UAH 1.3 billion, MP Oleksiy Honcharenko said on his Telegram channel on Tuesday.
“The Cabinet of Ministers of Ukraine has approved the results of Energoatom’s work for 2024: the company’s net profit is UAH 1.3 billion,” he wrote.
According to Honcharenko, all 100% of the profit will be used to cover the losses of previous years, and no dividends will be paid.
The government also confirmed the opinion of the independent auditor and approved the report on remuneration to the supervisory board.
As reported, Energoatom generated 53 billion kWh of electricity in 2024, which is 2% more than in 2023 and 12% more than in 2022.
In 2024, Energoatom allocated UAH 116.3 billion (excluding VAT) of its own funds, or 58% of its net income, to pay for PSO, i.e. to maintain fixed electricity tariffs for the population.
Last year, the company paid UAH 28.8 billion in tax payments to the budgets of all levels, which is 35% more than in 2023.
Currently, Energoatom operates nine power units at South Ukrainian, Rivne and Khmelnytsky NPPs with a total capacity of 7880 MW. All of them are located in the territory controlled by Ukraine.
Zaporizhzhia NPP with six VVER-1000 power units with a total capacity of 6,000 MW has not been generating electricity since September 11 of the same year after its occupation on March 3-4, 2022.
Energoatom has announced the actual completion of the splash pool construction project at South Ukrainian NPP, which will help increase electricity production at the plant.
“We have actually completed one of the priority areas of work – the construction of splash pools in full. Now we are putting them into operation, which will increase electricity production at existing facilities by reducing the temperature of the water in the reservoir, which we use to cool the condensers of NPP turbines,” said Energoatom CEO Petro Kotin during a working visit to the South Ukrainian Energy Complex on Tuesday.
According to him, the completion of the work will also help improve the environmental situation in the region where the plant is located.
Energoatom currently operates nine power units at South Ukraine, Rivne and Khmelnytsky NPPs with a total capacity of 7,880 MW located in the government-controlled territory.
Zaporizhzhia NPP with six VVER-1000 power units with a total capacity of 6,000 MW has not been generating electricity since September 11, 2022, after its occupation on March 3-4, 2022.
State enterprise NAEK Energoatom (Kiev) and IC “European Insurance Alliance” on March 4 concluded a contract for compulsory motor third party liability insurance of owners of land vehicles (MTPL).
As reported in the system of electronic public procurement Prozorro, the price offer of IC “European insurance alliance” amounted to UAH 309,009 thousand at the expected cost in the tender conditions of UAH 1,029 million.
IC “VUSO” – UAH 321,4 th. and IC “Krajina” – UAH 680 th., BBS Insurance – UAH 683,6 th. also participated in the tender.
“EUA” has been working in the insurance market of Ukraine since 1994, is a member of the Motor (transport) Insurance Bureau of Ukraine, a participant of the Agreement on direct settlement of losses on compulsory civil liability insurance of owners of land vehicles and a member of the Nuclear Insurance Pool of Ukraine.
insurance State enterprise NAEK Energoatom (Kyiv) announced a tender for compulsory insurance of motor civil liability of owners of land vehicles (MTPL) on February 12.
According to the electronic public procurement system Prozorro, the total expected cost is UAH 1.029 million. The deadline for submitting tender documents is February 21.
