Proposal to head Naftogaz comes from president, PM – Vitrenko 3 min read
Ukrainian President Volodymyr Zelensky and Prime Minister Denys Shmyhal have proposed to acting Energy Minister Yuriy Vitrenko to take the post of Executive Board Chairman of NJSC Naftogaz Ukrainy, Vitrenko said in an interview with Interfax-Ukraine. It was not my initiative. When it became clear that the plan to appoint me first deputy prime minister, energy minister could not be implemented because of objective and subjective reasons, then the country s leadership – both the president and the prime minister – suggested considering this option, the acting energy minister, who before joining the Ministry of Energy was the executive director of Naftogaz for a long time, said.
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Naftogaz ends 2020 with net loss of UAH 19 bln, returns to profit-making in 2021 – company 2 min read
NJSC Naftogaz Ukrainy reported consolidated net loss was UAH 19.002 billion in 2020, compared with a net profit of UAH 63.294 billion in 2019, reflecting lower demand and gas prices, and material provisions for bad debts, the company said on Tuesday on its website.
Excluding the results of the discontinued operations, including the Gas Transit Arbitration award of UAH 55.7 billion, the net profit was UAH 2.6 billion, the company said in its press release. The company bottomed out and started generating profit, Executive Board Chairman Andriy Kobolev said at the presentation of the results.
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Naftogaz Ukraine reported a loss was Hr 19 billion ($685 million) in 2020, compared with a profit of Hr 2.6 billion in 2019, reflecting lower demand and gas prices and material provisions for bad debts, the company said on Tuesday on its website.
“The company bottomed out and started generating profit,” Executive Board Chairman Andriy Kobolev said at the presentation of the results.
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