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Ministry of Energy and Coal Industry of Ukraine spun off Kaluska CHP into a separate entity

20.09.2016

By the Order of the Ministry of Energy and Coal Industry it was resolved to reorganize SFTC Ukrinterenergo by way of spin-off of the Manufacturing Subsidiary of SFTC Ukrinterenergo Kaluska CHP into a separate state enterprise Kaluska CHP – NOVA. This is stated in the Order dated 13.07.2016 No. 449 "On establishing of SE Kaluska CHP – NOVA by way of spin-off". According to the Appendix to the Order SE Kaluska CHP – NOVA should be established by             1 January 2017.

Furthermore, according to the document a committee was formed to reorganize Ukrinterenergo and the company’s reorganization plan was approved.