A view of the Rivne nuclear power plant near the town of Varash in Rivne Oblast. In 2020, Ukraine’s state-owned nuclear energy company Energoatom reported a net loss of $177 million — its worst results in three years.
Instead of generating a projected net profit of $60 million in 2020, Ukraine’s state nuclear giant Energoatom sustained a net loss of $177 million, anti-graft watchdog StateWatch reported on March 11.
For Energoatom, which operates four nuclear power plants across the country and produces more than 50% of the country’s electricity, this has been the worst financial result of the past three years.