Thursday30 January 2025
rating.net.ua

Moratorium on bankruptcy for state coal mines: Zelensky has signed a law to extend it.

It will remain in effect until January 1, 2026.
Мораторий на банкротство государственных угольных шахт: Зеленский подписал закон о его продлении.

Vladimir Zelensky has signed a law regarding the restoration of the solvency of certain state-owned enterprises in the energy sector that are in critical condition. 

On January 29, the document was returned with the president's signature, as stated on the parliament's website.

The moratorium on the bankruptcy of state-owned coal mines is set to be extended until January 1, 2026. The previous moratorium expired on January 1, 2025. 

“Today, the operation of enterprises in the coal and energy sector is crucial primarily for ensuring the energy security of the country during the autumn-winter period. This and the next heating seasons, Ukraine will rely on its own production. Therefore, a pressing task is to extend the moratorium on the bankruptcy of state coal mining enterprises,” – states the explanatory note. 

By 2026, all enforcement proceedings and measures for the forced execution of decisions regarding state coal mining enterprises will be suspended. Additionally, seizures and prohibitions on the disposal of property in such enforcement proceedings (except for decisions regarding employee payments) will be lifted, and bankruptcy cases involving state coal mining enterprises will not be initiated.

Background. Earlier, Mind reported that the government extended the export ban on salt, gas, and gold until 2025. “As soon as the domestic market becomes surplus, such restrictions will be lifted,” explained Deputy Minister of Economy Taras Kachka.