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Kharkiv Turboatom may stop due to blocking of accounts - Directorate of the plant

Ukraine / Engineering
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The strategically important machine-building enterprise of Ukraine kept money in the Kharkov bank "Megabank", which was declared insolvent by the National Bank of Ukraine in early June.

Kharkiv Turboatom may stop due to blocking of accounts - Directorate of the plant

The Directorate of Ukrainian Energy Machines (Turboatom's successor) asked the Ukrainian authorities to support the country's strategic enterprise in order to prevent its activities from being stopped. The corresponding appeal of the directorate was sent to the Office of the President, the Verkhovna Rada, the Cabinet of Ministers, the National Security and Defense Council, the Ministry of Finance, as well as the Deposit Guarantee Fund for Individuals and the Association of Ukrainian Banks.

The directorate recalled that Ukrenergomashines are included in the list of state-owned objects of strategic importance for the economy and security of the state. But now the enterprise is in a difficult state due to the blocking of funds on Megabank accounts.

The appeal says that about one and a half billion hryvnias are on Megabank accounts, which were pledged against bank guarantees as part of the project for the rehabilitation of hydroelectric power plants of the Dnieper cascade, financed with loans from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).

The total amount of contracts concluded with Ukrhydroenergo is UAH 6.3 billion.

“Currently, Ukrenergomashina is on the verge of losing almost all of the company's funds. The loss (and even temporary blocking) of funds jeopardizes the entire activity of Ukrenergomashina, which directly affects the energy potential of Ukraine,” the text of the appeal says.

The management of the enterprise asked the state authorities to pay attention to this situation.

Recall that the National Bank declared Kharkiv Megabank insolvent in early June. The bank has a temporary administration.

In early July, at a press conference, representatives of the bank's management announced that there was a court decision that made it impossible to further liquidate the bank.

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