You're reading: Ukrnafta’s supervisory board backs proposal to prepare company for readjustment

The supervisory board of public joint-stock company Ukrnafta at a meeting on Wednesday backed the proposal to prepare the company for financial readjustment, a source at Naftogaz Ukrainy has told Interfax-Ukraine.

“[The proposal] was supported unanimously,” the source said.

The supervisory board provided its consent to the preparation for the introduction of the financial readjustment procedure and ordered that the board is to draw up a draft readjustment plan.