The Rovno commercial court of appeals has cancelled the ruling of the Commercial court of the Volyn region dated February 21, which initiated the bankruptcy of the state-run Volynugol.

The state enterprise has been in the process of going bankrupt since March 2.

The appeal on the bankruptcy ruling was filed by the Ministry of energy and coal industry.

In 2016 Volynugol mined 185.424 thousand tons of gas coal. (Ukrainian metal)

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