The Cabinet of Ministers approved financial plans of the National Joint Stock Company “Naftogaz” (as the separate legal entity) and the state gas producing company “Ukrgasvydobuvannya” for 2016.
The relevant decisions were taken at the government meeting on Wednesday, Ukrainian News reports.
First Vice Prime Minister and Minister of Economic Development and Trade Stepan Kubiv, who represented these draft decisions, did not say the expected profit and income of these companies in 2016.
The financial plans were approved by the government members without objections.
As reported, Naftogaz of Ukraine NJSC (as the group of companies) ended the first half of 2016 with net profit of UAH 17.461 bln and forecasts that as per results of 2016, its net profit will be UAH 17.586 bln (in 2015, the losses were UAH 36.323 bln).
