In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide.

Monday, November 23, 2020
In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide.

In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide. On March 1st, the Ferroalloy plant cut off TIU Canada from the substation. Later, in face to face talks with TIU Canada, Kolomoisky offered to buy the plant he had closed. CEO Michael Yurkovich says in a press release sent Thursday’s to Canada’s financial press: “This is a clear case of oligarchs pressuring a foreign investor and trying to steal assets.” Noting that the cutoff has cost his company €1.5 million since March, he said: “We are mustering our resources and will fight this case in Ukraine, Canada, or any jurisdiction needed to win.”

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
Through October, Mariupol port has handled 5.1 million tons of cargo, up by almost 10% over the level for the first 10 months of last year.

Through October, Mariupol port has handled 5.1 million tons of cargo, up by almost 10% over the level for the first 10 months of last year.

Next post
Despite the spring coronavirus lockdown, retail sales for the first 10 months of this year are up almost 8% yoy in real terms

Despite the spring coronavirus lockdown, retail sales for the first 10 months of this year are up almost 8% yoy in real terms

Previous Main Topics