Головна сторінка
/
Новини
/

Donbassenergo EGM: No Surprise

Donbassenergo EGM: No Surprise

24 November 2008

Donbassenergo’s (DOEN: BUY) shareholders voted to release old supervisory board and appointed a new one made up entirely of representatives from the National Energy Company (NC ECU) at their EGM yesterday. Unlike ZAEN’s EGM, where shareholders approved the management’s 9M06 report, at DOEN’s meeting, the report was only “taken into consideration”.  Alexander Paraschiy: The latter implies that the NC ECU is not satisfied with DOEN’s results, and this puts the future of the company’s CEO in question. Still, we confirm our BUY recommendation for the company, taking into account the company’s future output growth due to larger load of Slaviansk power plant and growth of efficiency after the expected commissioning of a newly reconstructed power unit in late 2007.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...