Ukraine’s gas transmission profit plummets as oligarch Firtash doesn’t pay debts


Ukrainian oligarch Dmytro Firtash talks during a public hearing at the Austrian Supreme Court in Vienna on June 25, 2019.

Ukrainian Gas Transmission System Operator (GTSO) saw its profit plummet as a result of a staggering $297 million debt from one of Ukraine’s richest people – exiled billionaire oligarch Dmytro Firtash.

In the first six months, the GTSO made a net profit of Hr 5.6 billion ($205 million), the company reported on Aug. 3. In the first half of 2020, the company had a net profit of more than twice as large, Hr 13.1 billion ($481 million).

Source: www.kyivpost.com

No votes yet.
Please wait...

Leave a Reply

Your email address will not be published. Required fields are marked *