Business news from Ukraine


4 May , 2018  

National energy company Ukrenergo in January-March 2018 increased transmission of electricity through trunk power grids by 0.5% (by 145.197 million kWh) compared to the same months in 2017, to 30.224 billion kWh. According to a report on the company’s website, the cost of electricity transmission services for January-March fell by 28.8% (UAH 251.344 million), to UAH 1.087 billion.
Ukrenergo in January-March 2018 increased capital investments by 61% (by UAH 403.32 million), to UAH 1.065 billion.
Total expenses increased by 9.2% (by UAH 61.452 million), to UAH 728.505 million, in particular repair costs increased by 1.8% (by UAH 509,000), to UAH 28.045 million.
Ukrenergo operates trunk and interstate power grids, as well as centralized dispatching of the unified energy system of the country. The company is a state enterprise subordinated to the Ministry of Energy and Coal Industry, but will soon be transformed into a private joint-stock company