Losses of SE Lvivvuhillya for 2019 amounted to 270 million UAH

The overall financial result from the production activities of the state-owned enterprise Lvivvuhillya according to the results of 2019 is expected at the level of 270 million UAH. This is reported by BusinessCensor.  

According to Oleр Akimov, acting general director of Lvivvuhillya, pay gap at the enterprise is 2-3 months. As of November 1, salary arrears amounted to 128 million UAH.

He also said that the Lvivvuhillya State Development Program for 2020 envisages producing 1.34 million tons of coal, which is 5% more than the current year.

According to the Business Censor, in 2017 the loss of the enterprise amounted to 145.6 million UAH, and in 2018 – 457.06 million UAH.

Recall that the government allocated 1 billion UAH for salaries to miners.

Earlier it was reported that the Minister of Energy and Environmental Protection of Ukraine Oleksiy Orzhel considers it inappropriate to combine state-owned coal assets within one holding.

Tags: The Cabinet of Ministers, contracts, hydrocarbon production, coal mining, tariffs, legislation, electricity, coal, energy market, coal mining

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