The Ministry of energy and coal industry has started another competition for the office of Volynugol general director. All the applications should be submitted by July 12. The previous competition was held in early March.
Volynugol CEO Fedor Bogdan resigned on February 22.
In January-March the company decreased its losses 4.5 times YoY, or by 30.92 million UAH, to 8.9 million UAH. In 2015 Volynugol received 161,84 million UAH of losses, up by 36.19% YoY, or by 43.01 million UAH. (Ukrainian metal)