The State Investigation Bureau has notified of four ex-CEOs of the state enterprise Volynugol of suspicion of activities resulting in a damage of 1.17 billion UAH to the environment and subsoil. The CEO managed the enterprise from 2017 to 2022. In 2018, the enterprise’s special allowances for coal extraction at two out of five mines…
The President representative in the Cabinet of Ministers Andrei Gerus stated that the issue of clearing salary debts to Lvivugol state enterprise had almost been settled. “Today Lvivugol will receive money for fuel, and tomorrow all the debts for February-April will be cleared”, he declared. According to him, the situation at the Volynugol is also…
The state enterprise Volynugol has lost 12.6 million UAH by buying 60% of a hotel in the town of Truskavets in 2007. Since then, the hotel has never been used by miners. In December 2007 Volynugol paid 12.6 million UAH to Firma Galbud LLC for 100% in Renesans LLC. Thus the enterprise has purchased 60%…
Ukraine’s police are investigating two companies and a factory over a coal deal, which some anti-corruption campaigners say epitomizes the difficulties of doing business in the Eastern European country. The sums involved in the deal are small but the Anti-Corruption Action Center, an independent watchdog, says it illustrates the lack of transparency in Ukrainian business,…
The new director of the Novovolynskaya Mine No. 9 Pavel Tanchev intends to clear salary debts and improve labor conditions. He also wants to implement a new development plan. In particular, he told the employees that the mine would not be closed, but developed. He also assured the personnel that the salary would soon be…
Members of Volyn region council will ask the Cabinet of Ministers and the Verkhovna Rada to help finish the construction of the Novovolynskaya Mine No. 10. This is the only mine the construction of which started during the years of independence. The mine reserves are estimated at 40 million tons of coal. The first stage…
The state budget for 2019 will provide for 25 million UAH for the Novovolynskaya mine No. 10. This will help keep the mine in trouble-free operation. The volume of financing is optimal until the Ministry of energy and coal industry decides on the further operation of the mine or until it is privatized. (Ukrainian metal)
The Ministry of Energy and Coal Industry has not taken any decision yet on the shut down of the Novovolynskaya mine No. 9. According to the deputy minister Anatoly Korzun, the mine is intended to yield 90 thousand tons of coal next year and commission two new long faces. “We see no need to shut…
The court has penalized the ex-acting CEO of the state enterprise Volynugol Fedor Bogdan for 3.4 thousand UAH. Bogdan was penalized for the misuse of 5.2 million UAH. At present he occupies the position of the first deputy CEO – technical director of Volynugol. In 2015, when Bogdan was the acting CEO, he informed the…
The state enterprise Volynugol has concluded an agreement with Lviv Coal Company on coal processing for 8.14 million UAH. Previously the customer has cancelled the trade 2 times because of the lack of participants. Earlier orders presupposed the processing of 42700 tons of coal at 95 UAH per ton. Lviv Coal Company will be processing…
Employees of the Novovolynskaya Mine No. 9 have been striking for 10 days already because of the wage debts. Now they have made a strike near the Volynugol administration premises demanding the CEO to be fired. “In addition to the clearing of the salary debts they also insist on firing the acting CEO of the…
Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, has reported a raider attempt to seize the Novovolynskaya mine No. 9. “Early on September 10 some 30 unidentified people arrived at the enterprise with the acting CEO of the state enterprise Volynugol Andrei Pilipyuk. They refused to identify themselves, they all wore black…
The state enterprise Volynugol and its structural divisions owe considerable amounts to the Pension Fund. As of August 1 the combined debt of Volynugol and its divisions reached 116.7 million UAH, including the debt on preferential pensions of 113.24 million UAH. The Novovolynsky city council has sent a letter to the minister of energy and…