Coal mining is in crisis in Ukraine, warns Timchenko.

Wednesday, April 15, 2020
Coal mining is in crisis in Ukraine, warns Timchenko.

Coal mining is in crisis in Ukraine, warns Timchenko. He says: “More than 2.9 million tons of unclaimed coal are accumulated in warehouses of thermal power plants and mines. About 30 coal mines have been suspended in the country; more than 40,000 people are idle. The loss of thermal generation over the past six months is 3.1 billion UAH [$114 million]. All TPPs operate below the minimum staff, about 50% of employees are idle.”

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Looking ahead, Odesa hotel operators hope the summer season will start in July

Looking ahead, Odesa hotel operators hope the summer season will start in July

Next post
Ukrainians are registering as unemployed at 10 times the rate seen prior to the March 12 imposition of the quarantine

Ukrainians are registering as unemployed at 10 times the rate seen prior to the March 12 imposition of the quarantine

Previous Main Topics