Ukrhydroenergo confirms stability of its operations: meeting with the international financial partners
On May 28, Ukrhydroenergo team held an online meeting with the representatives of key international financial institutions —
the World Bank, the European Investment Bank and the European Bank for Reconstruction and Development.
The meeting took place shortly after the Supervisory Board's decision to change the company's management and appoint an Interim CEO.
The purpose of the meeting was to ensure open communication with the financial partners, confirm Ukrhydroenergo's operational stability and maintain the high level of trust that has been established with the creditors.
During the discussion, Ukrhydroenergo team emphasized that the company is operating on a normal basis. All of its production processes, contracts, financial liabilities and strategic initiatives are being implemented without interruption and in full. Ukrhydroenergo also assured that all the projects supported by international financial institutions – both those in progress and new initiatives – remain a priority for the company and will proceed without any delays.
The Supervisory Board is fully involved in the management transition process and ensures strict compliance with all the procedures stipulated by law and the company's internal policies. This approach guarantees continuity of management, institutional integrity and stability in accomplishing the company's mission to strengthen energy independence of Ukraine.
Ukrhydroenergo expresses its sincere gratitude to the international partners for the continued support, fruitful cooperation and shared vision of the future of Ukraine's energy sector.
