Business news from Ukraine

UKRAINIAN “NAFTOGAZ” CREATES SUBSIDIARY IN SLOVAKIA

13 July , 2022  

In May 2022, NJSC Naftogaz of Ukraine created the company Naftogaz Slovakia s.r.o., according to data from the open registers of the republic,
The authorized capital in the amount of EUR300 thousand is provided by another subsidiary of NJSC – Naftogaz Trading Europe AG (Switzerland). Vladimir Tomash, an Ivano-Frankivsk businessman, is listed as the head of the Slovak enterprise.
The company’s initial activity was the rental of real estate, and since mid-June, administrative services, mediation in the field of trade and production, advertising, marketing and consulting services, as well as market and public opinion research have been added.
Naftogaz of Ukraine unites the largest oil and gas producing enterprises of the country (100% of Ukrgazvydobuvannya and 50% + 1 share of PJSC Ukrnafta). The Group has a monopoly on the storage of natural gas in underground storage facilities (100% Ukrtransgaz) and the transportation of oil by pipeline across the country (100% Ukrtransnafta), and is actively developing the direction of gas supplies to household consumers.

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