Business news from Ukraine

KYIV CITY COUNCIL EXPANDS CHARTER CAPITAL OF KYIVTEPLOENERGO BY UAH 196 MLN

20 October , 2018  

The Kyiv City Council at a plenary session on Thursday has amended the city’s budget for 2018, expanding the charter capital of municipal enterprise Kyivteploenergo by UAH 196 million.
The press service of the Kyiv City Council reported that the revenue target of the general fund of Kyiv’s budget was met by 108.4% in January-September 2018, which gave grounds for reviewing the revenues and expenditure of the document.
It was decided to assign UAH 196 million to expand the charter capital of Kyivteploenergo and UAH 100 million for education (payment of wages to teachers).

,