Energy security of Ukraine is one of the key priorities of the state

Today, we will tell you about the achievements of one of the energy campaigns managed by the State Property Fund - Energy Company of Ukraine (ECU).

JSC Energy Company of Ukraine is the second largest importer of electricity. The company works with three countries of the European Union, namely: Slovakia, Romania and Hungary.

Starting from mid-March this year, the volume of electricity imports from the European Union by EKU has doubled. It is thanks to this that the company managed to compensate for the losses of electricity in the Ukrainian power system caused by large-scale hostile shelling of power facilities.

Thanks to the support of our partners and the tireless work of Ukrainian power engineers, over the past two years, Ukraine has managed to significantly expand its technical and organizational capabilities for electricity imports. This, in turn, has played a crucial role in ensuring a stable electricity supply for consumers and maintaining the operation of Ukraine's critical infrastructure.

For reference:ECU is a national energy trading company 100% owned by the state. The company was established in 2022 and is already generating revenue for the state. The net profit of the company in 2023 amounted to UAH 148.9 million. Total payments to the state budget amounted to UAH 209.4 million.