Wednesday, November 24

The state Guaranteed Buyer has requested a debt settlement of UAH 4 bln

($150 mln) from Energoatom. The Acting Director, Vadym Ulyda reached out to the Director of Energoatom, Petro Kotin, to hold talks and settle disputes. The Guaranteed Buyer says it has taken all necessary measures to repay most of its 2020 debt. At the same time, Energoatom initiated lawsuits to recover funds from the Guaranteed Buyer. On November 22, the Northern Economic Court of Appeal ruled in favor of Energoatom. The subject of the lawsuit is to recover more than UAH 4 bln.

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The production of hydraulic units for the Dniester Hydro Accumulation Station will cost UAH 8 bln ($300 mln) over a 6-year period.

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DTEK Energy has reduced its net losses 10-fold since January 2021

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