The Russian proposals in Istanbul were decent; Moscow won’t offer more conditions like those’, – former advisor to the Ukrainian President’s Office Arestovich says
November 29, 2023
The largest wage debtors are the coal mines situated in the Donetsk region
November 30, 2023
These findings stem from an examination involving financial audits and routine reviews of Centrenergo’s activities covering the period from January 1, 2022, to August 31, 2023.
As per the audit outcomes, the company is experiencing financial losses and is currently in a critical state without any observable economic upturn or progression. The state audit report has highlighted instances where electricity was sold below market rates, hidden financing provided to external commercial entities and the procurement of fuel oil and chemical substances through intermediaries at inflated prices.
The questionable commercial decisions have resulted in the company’s liabilities surpassing its annual earnings by 1.4 times. As of June 30, 2023, Centrenergo’s outstanding obligations stand at 15.7 billion hryvnias. The company reported losses of 7.1 billion hryvnias in 2022 and 720.9 million hryvnias in the first half of 2023.
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