Naftogaz top managers to receive US$29 mln in bonuses from award paid by Gazprom

Naftogaz received US$2.9 billion from Russia's gas giant Gazprom under the Stockholm Arbitration's award.

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Executive Director of NJSC Naftogaz of Ukraine Yuriy Vitrenko has said the company's top management will receive bonuses whose total amount accounts for 1% of US$2.9 billion (about US$29 million) due to be paid by Russia's Gazprom under the Stockholm Arbitration's award.

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"The money is to be paid under the contract. The whole group [of top managers] will get [remuneration, accounting for] 1% of the money," he told Liga.net, as reported by the Ukrainian Ekonomichna Pravda news outlet on January 13.

So, the top managers will receive a combined total of about US$29 million, or UAH 700 million.

As UNIAN reported earlier, National Joint-Stock Company Naftogaz of Ukraine had received US$2.9 billion from Russia's gas giant Gazprom under the Stockholm Arbitration's award.

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