14:19 29.06.2016

Energoatom's accounts unblocked

1 min read
Energoatom's accounts unblocked

Accounts of National Nuclear Generating Company Energoatom arrested in March 2016 have been unblocked, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said.

"Finally we have managed to unblock accounts of Energoatom (thanks to the prime minister), which will help to stabilize operations," he wrote in comments to a post on his Facebook page.

In March 2016, the State Enforcement Service of Ukraine arrested accounts and assets of Energoatom worth UAH 200 billion and blocked financial and economic operations of the largest electricity generating company in Ukraine. The accounts were arrested to collect a debt of UAH 127.3 million to JV Ukrelectrovat, which Energoatom considers doubtful. The sum appeared after indexation of a debt of UAH 2.5 million under a unanimous decision of a court expert.

Energoatom is the operator of all four Ukrainian-based operating nuclear power plants, which have 15 VVER reactors with an overall generating capacity of 13.835 gigawatts.

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