Electricity Export Increase 52% yoy In 2005.
8 February 2008
Export to UCTE countries (Hungary, Poland, Slovak Republic and Romania) increased by 10% yoy. Export to Moldova decreased by 13%. The main factor driving export growth was Russia, where Ukraine has been shipping electricity since December 2004. Concorde Capital: We believe Ukraine will increase its exports by about 30% in 2006. UCTE exports are estimated to grow by about 10%, which will be beneficial for Zakhidenergo (ZAEN: BUY). Additionally, Ukraine opened new export market in 2006 – Belarus.
