Business

“Naftogaz” has boasted record profits

"Нафтогаз" похвастался рекордной прибылью

The company has received net profit of UAH 39.4 billion. Photo: Delo.ua

“Naftogaz of Ukraine” for 2017, received a record net profit of UAH 39.4 billion. For comparison, in 2016, the company received 17.8 billion hryvnia.

For the second consecutive year, “Naftogaz” remains the largest source of state revenues. If in 2016 the payments amounted to 74 billion hryvnias (about 10% of budget revenues), then in 2017 of 110 billion hryvnia (about 15% of budget revenues), the press service of “Naftogaz”.

“One of the main results of our hard four years of work – a historic victory in Stockholm in December 2017 and February 2018. We got rid of the threat of an unprecedented debt burden on the country and earned the right for compensation of losses amounting to nearly 4.7 billion dollars”, – said the head of Board of NJSC Andriy KOBOLEV.

In “Naftogaz” stressed that Gazprom should pay some 2.6 billion dollars after accounting for the $ 2.1 billion that the Ukrainian company has received in the form delivered in 2014 gas.

As reported on may 29, the leadership of “Naftogaz” discharged themselves millions in bonuses for a victory over “Gazprom”.

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Trayan Markevich
Trayan Markevich has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Quebec Times, Trayan Markevich worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella.

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