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You're reading: Energy sector cooperation with Ukraine is extremely important for EBRD

The agreement is unique,
firstly, because it’s the biggest credit issued by EBRD to the energy
sector of Ukraine. Secondly, it’s important because Europe has been
assured of effectiveness of the Ukrainian government’s actions after
the project of modernization of block number 2 at Khmelnytska NPP and
number 4 at Rivne NPP.

The project was
financed by two powerful institutions, EBRD and Euroatom, is
an international organization that
had been originally founded to create a market for nuclear
power in Europe. This partnership
demonstrates Ukraine’s great degree of responsibility and its status
as a reliable long-term partner.

The signing of credit
agreement between EBRD and state Energoatom, without exaggeration, is
a landmark event. The project will be conducted along the lines of
the 2011 government-approved Complex Program for Improvement of
Safety at Nuclear Power Plant Blocks in 2012-2017.

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