Ukrhydroenergo and the Czech company ZDAS have signed a Memorandum of Cooperation to implement reconstruction and new hydropower projects
On August 16th, negotiations took place at Ukrhydroenergo, attended by the Extraordinary and Plenipotentiary Ambassador of the Czech Republic to Ukraine Radek Matula, the CEO of Ukrhydroenergo Ihor Syrota, Deputy Chairman of the Board of Directors of ZDAS a.s. Pavel Cesnek and a member of the Board of Directors of ZDAS a.s. Petr Gavelka.
During the meeting, Ihor Syrota noted that Ukrainian experts are ready to share their experience with Czech colleagues regarding work in the energy sector during times of war and are also willing to learn from the Czech experience in implementing innovative energy projects.
"More than 50 hits were made on our facilities during the war, and we lost part of our working capacity. The loss of the Kakhovka hydropower plant was especially critical. Therefore, we will need the help of all countries to overcome the crucial situation in the country's energy sector. We are trying to recover as quickly as possible and fulfill the task set by the President of Ukraine - to be fully prepared for the autumn-winter period. However, the enemy is cunning and will not hesitate to deal a devastating blow to our energy infrastructure, especially in winter. Our task is to recover to the maximum and build defensive structures," Syrota emphasized.
The CEO of Ukrhydroenergo also expressed gratitude to the Czech people for supporting Ukrainians who went abroad to secure their lives.
In turn, the Extraordinary and Plenipotentiary Ambassador of the Czech Republic to Ukraine, Radek Matula, pointed out that for the Czech Republic, Ukraine is a priority in many areas, including supplying weapons to the Armed Forces of Ukraine, humanitarian assistance, development cooperation, and providing shelter to Ukrainians.
"We are interested in cooperation in the business sphere, as economic diplomacy is the best diplomacy. In the Czech Republic, we believe that Ukraine will emerge victorious in the fight against aggression. Now we provide support to Ukraine. And we are ready to continue cooperating and supporting Ukraine in reconstruction and providing comprehensive support on the international level even after the war ends," Matula stated.
As a result of the negotiations, the Ukrainian and Czech parties signed a Memorandum of Cooperation online and expressed hopes for fruitful collaboration from both sides. This cooperation aims to develop Ukraine's fuel and energy complex and create state-level incentives and guarantees to promote investment and innovative technologies in the energy sector.