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Energy Company Of Ukraine Dismisses Acting President

Energy Company Of Ukraine Dismisses Acting President

19 May 2008

President Viktor Yuschenko relieved Sergiy Cheh of his duties as acting president of the National Energy Company of Ukraine (NCECU). Cheh was appointed as acting NC ECU president in March 2005.Concorde Capital: The main reason of Sergiy Cheh dismissal was his unsatisfactory work in lobbying for the interests of energy companies affiliated with NC ECU. We hope that the new president of the state energy company will be more persistent in relieving energy companies? debt problems, and changing the payment structure for coal supplied to thermal power plants.

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