The Ukrainian antimonopoly committee has filed a suit to the Kiev Economic Court to enforce recovery of a $3 billion penalty from Russian gas maker Gazprom, an official of the committee reported. The committee imposed the fine in 2015 to punish the company for its monopolist position on the transit gas market. Gazprom said it…
In January-September Ukraine imported coal and anthracite valued at $1.039 billion, in particular $133.663 million in September. According to the State Fiscal Service, Russia supplied coal for $674.18 million, the United States for $147.293 million, Australia for $69.103 million, other countries for $148.234 million. The total volume of coal delivered to the country for the…
Yuzgas B.V. (the Netherlands) and its parent company, Emerstone Energy investment fund (Luxembourg), will consider the disclosure of their ultimate beneficiaries after they agree on the main provisions of the agreement on Yuzivska deposit with the government of Ukraine, reads a letter to Ukraine’s Energy and Coal Industry Minister Ihor Nasalyk, promulgated by MP Viktoria…
Public joint-stock company Turboatom (Kharkiv) buys welded pipes to make condensers of turbines for National Nuclear Generating Company Energoatom from a foreign manufacturer at a price that is almost twice higher than their market price: some $12 per kg with the market price of around $6.8 per kg. Director of Osada Institute of Tube Industry…
DTEK Energy Operating Company in the framework of restructuring its loan portfolio will transfer Obukhovskaya mine directorate (the Russian Federation) together with borrowings of $436 million to DTEK strategic holding for direct control. According to the press service of the holding, this will allow to reduce the loan portfolio of DTEK Energy that will improve…
Wind Power LLC, a part of an operational company DTEK Renewables, that manages assets in the renewable energy sphere, entered into an agreement with the lender to change the terms of the financing secured by the guarantee of the parent company DTEK Renewables B.V. In 2012-2014, Wind Power raised two loans from LandesBank Berlin AG…
DTEK Energo, managing assets in coal production, heat generation and distribution of DTEK energy holding, saw a 61.5% fall in net loss in January-June YoY, to 8.135 billion UAH. The company said in a press release that the main contributor to net loss reduction was continued Hryvnia devaluation, which resulted in exchange rate difference losses…