Centerenergo has paid more than 475 million hryvnias to the mines since the beginning of the month and has no debts, according to the company’s website.
As you know, Centerenergo – the only consumer of coal from state-owned mines, buys almost the entire volume of their production under direct contracts.
“However, the current purchase price of coal – UAH 1,650 / t – does not allow PJSC Centerenergo to reach the level of profitability. PJSC Centerenergo is forced to compete with private heat generation companies, which allow their own mines to produce at a competitive cost,” the statement said.
In this regard, Centerenergo proposes to create a vertically integrated company by merging Centerenergo with promising state-owned mines and attracting sufficient investment for their modernization.
It is noted that such a model will make Centerenergo attractive to potential investors in the future privatization, as well as create opportunities for miners, timely payment of wages and solving social problems of mining teams.
A working group has been formed on the basis of Centerenergo to study the possibility of creating a vertically integrated company.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
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Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
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