Energoatom to invest UAH 5.17 bln of EBRD, Euratom loan funds in improving security in 2018

18:46, 31.08.2017 1 min read

State-owned enterprise Energoatom plans in 2018 to invest UAH 5.166 billion (excluding VAT) of credit funds from the European Bank for Reconstruction and Development (EBRD) and the European Atomic Energy Community (Euratom) in improving the safety of power units at nuclear power plants, which is 32.4% of the total investment program for 2018.

This is stated in the protocol of discussion of the investment program for 2018 posted on the company's website.

In general, the company plans to approve an investment program for the next year in the amount of UAH 15.952 billion, whose sources, in addition to the EBRD and Euratom, should be profit (UAH 8.915 billion) and depreciation charges (UAH 1.871 billion).

The key areas of the investment program are improving safety, reliability and efficiency, as well as extending the lifetime of power units (UAH 10.973 billion), new construction (UAH 3.364 billion), physical protection of nuclear facilities (UAH 330 million), and other capital investments (UAH 1.049 billion).