Business news from Ukraine

UKRGAZVYDOBUVANNIA SIGNS CONTRACT WITH DELOITTE&TOUCHE FOR AUDIT

10 January , 2017  

KYIV. Jan 10 (Interfax-Ukraine) – PJSC Ukrgazvydobuvannia has signed a contract with PJSC Deloitte & Touche USC (Kyiv) for audit of financial statements for 2016 prepared in accordance with international financial reporting standards (IFRS).

According to a company report in the ProZorro system, the contract worth UAH 2.628 million (including VAT) was signed by the parties on December 29, 2016. The audit must be completed by March 31, 2017.

Baker Tilly also participated in the auction with an offer of UAH 2.65 million (including VAT).

As reported, Ukrgazvydobuvannia intends to increase gas production from 14.5 billion cubic meters in 2015 and 2016 to 15.2 billion cubic meters in 2017, 16.5 billion cubic meters in 2018, 18.3 billion cubic meters in 2019, and 20.1 billion cubic meters in 2020.