You're reading: Cabinet approves Energoatom fiscal plan for 2015

The Cabinet of Ministers has approved the financial plan of state enterprise Energoatom (Kyiv) for 2015 with a projected net profit of Hr 1.2 billion.

“[The enterprise will make a] Hr 1.2 billion net profit after two years of losses,” Minister of Energy and Coal Industry Volodymyr Demchyshyn said after a cabinet meeting.

He added that, according to the financial plan, Energoatom in 2015 will pay Hr 6 billion in various taxes to the budget.

As reported, Energoatom is the operator of all four operating nuclear power plants in Ukraine. It operates 15 units equipped with VVER reactors with a total installed electrical capacity of 13.835 GW.