An audit of the state enterprise Volynvuhillia has revealed systemic governance deficiencies and practices that for years failed to serve the interests of the state and mine workers. While wage arrears continued to grow, strategic assets were removed from the enterprise, questionable transactions involving critical equipment took place, and effective control over coal production and…
The state enterprise Volynvuhillya intends to order Ukrzakhid Steamex LLC services for 5.66 million UAH. The notification on intention to sign two agreements – for 2.38 million UAH and 3.28 million UAH – has been published in the Prozorro system. At the same time, Ukrzakhid Steamex has previously been accused of collision on trade from…
4 ex-directors of the state enterprise Volynvugillya will be tried for damaging the state for 1.17 billion UAH. “The State Bureau of Investigations has finished the pre-trial investigation of the activities of four ex-CEOs of the state enterprise, who in 2017-2022 headed the company. Because of their abuse of power, environment and subsoil sustained damages…
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…