The most critical situation with payments for centralized heating and water supplies is observed in Kyiv's Shevchenkivsky and Desniansky districts.
Kyivenergo energy generating company, which supplies electricity and heat to households in the Ukrainian capital, reported a net loss of UAH 999.7 million (US$37.3 million) in January-September 2017, which was 29.7% down year-over-year (y-o-y), according to a company announcement in the National Securities and Stock Market Commission's information disclosure system.
The State Property Fund of Ukraine (SPF) sold a 25% stake in Kyiv heat and power supplier PJSC Kyivenergo at a starting price of UAH 759.6 million, or US$29.8 million, at an auction, August 18, according to the sales online broadcast.
Deputy Chairman of Kyiv City State Administration (KCSA) Petro Panteleyev has held a meeting with Vice-President of the Finnish energy company Fortum Heikki Andersson in Helsinki, Finland, to discuss prospects for the management of Kyiv's power grids as the city's deal with PJSC Kyivenergo is about to expire.