The total volume of repairs carried out by JSC Khmelnytskoblenergo over nine months of 2025 amounted to UAH 76.3 million, according to the distribution system operator in the Khmelnytskyi region.
According to Sviatoslav Kozlenko, head of Khmelnytskoblenergo, as quoted in the company’s Facebook post, the company’s priority is to introduce modern equipment and technologies that allow it to automatically localize damaged sections of the network and instantly reconnect consumers from backup lines, which is a key element of a reliable and modern distribution system.
According to the post, approximately 700 transformer substations and distribution points were repaired, which is twice the planned volume and became an important part of the preparation for the winter season.
In addition, OSR specialists also repaired, in particular, 262 6-20 kV power transformers, 972 km of overhead power lines, including replacing 1,206 poles and nearly 6,000 insulators with new ones, restored 299 damaged 0.4-10 kV cable lines, and cleared 2,683 km of power line routes of branches.
It is noted that more than 150 km of modern self-supporting insulated wire was installed on 0.4-20 kV lines, which significantly reduces the risk of short circuits, and 2,291 insulated inputs to residential buildings were installed. Also, according to the company, 29 modern vacuum circuit breakers were installed instead of the planned 3, more than 2,050 voltage limiters instead of the planned 600, and 29 relay protection and automation devices.
“The volume of work for the first three quarters of 2025 exceeded the planned volume by 10-15%,” Khmelnytskoenergo specified.
The company noted that some of the equipment—transformers, circuit breakers, insulators, and cable and wire products—was provided to the enterprise by international donors, including through the Energy Support Fund of Ukraine.
As reported, JSC Khmelnytskoblenergo, 70% of whose shares are owned by the state, is part of the state-owned group JSC Ukrainian Distribution Networks.
JSC “Khmelnytskoblenergo” made a clean sweep of the “Activity” ratio in the rating “Transparency and financial sustainability of state-owned enterprises in Ukraine”, created by Institute of Economic and Social Reforms (INEKO), based in Bratislava, Slovakia. Khmelnytskoblenergo beat the competition of 50 SOEs badly, securing the 1st place with the 9.2 pts. (out of 10), while the 2nd place got only 7.0 pts.
The rating was created by two think tanks, Institute for Economic and Social Reforms in Slovakia (INEKO) and the International Center for Policy Studies (ICPS), Ukraine. US Embassy in Ukraine and SlovakAid provided support for the project.
According to the methodology of the rating, the “Activity” ratio demonstrates “the efficiency of a company in its everyday business operations” and consists of Working Capital Turnover Ratio and Accounts Receivable Turnover Ratio.
Khmelnytskoblenergo also finished 8th on the “financial sustainability” and 6th on the “transparency” scale among the 50 companies analyzed.
The evaluation criteria for the Transparency scale were, according to the rating methodology, transparency and access to information, economic indicators, public procurement and property, human resources policy, ethics and conflict of interests, grants and charity policy.
According to Oleg Kozachuk, Acting CEO of Khmelnytskoblenergo, this is the recognition of the Khmelnytskoblenergo efficiency: “That’s the result of 4 years of hard work of the whole team – company’s management and almost 3,000 employees”.
Rating “Transparency and financial sustainability of state-owned enterprises in Ukraine” has been created as a part of the “Strengthening democratic stability of key state institutions in Ukraine” project by International Center for Policy Studies (ICPS) and Institute of Economics and Social Reforms in Slovakia (INEKO) with the support of US Embassy in Ukraine and SlovakAid.
JSC “Khmelnitskoblenergo” Electricity distribution service operator (DSO) in Khmelnytsk region, 70% of the company’s shares belong to the state, other 30% – to private legal entities and individuals. The company’s net profit in 2019 amounted to UAH 85.7 million, which is more than the profit of all state electricity DSOs in Ukraine combined. Dividends on the state share for 2019 amounted to about UAH 30 million.
PJSC Khmelnytskoblenergo, according to preliminary data, doubled its net profit (by UAH 42.9 million) in 2019 compared to 2018, to UAH 85.711 million.
According to the statement on the website of Khmelnytskoblenergo on Thursday, Mach 26, about holding a general meeting of the company’s shareholders scheduled for April 30, 2020, its assets grew by 2.26%, to UAH 2.507 billion, fixed assets by 4.7%, to UAH 2.150 billion in 2019.
The meeting’s agenda contains four scenarios for the distribution of the company’s profits: it is proposed to pay 30%, 50%, 75% or 90% of these funds in dividends. The remaining funds should be allocated to replenishment of the company’s reserve capital (5%), replenishment of the fund for the company’s technical re-equipment or to the implementation of the expenses stipulated by the 2020 financial plan, depending on the amount of dividends.
The shareholders will also have to consider, in particular, the issue of granting consent to the alienation of the company’s share of 100% in the charter capital of Khmelnytskenergozbut LLC by selling at auction in ProZorro.Sale system.
The shareholders also intend to update the supervisory board and the audit committee, to amend the charter and to elect an external auditor of the company.
