Cabinet of Ministers of Ukraine supported the proposal of the Ministry of industrial policy to restructure the debts Sumykhimprom, in particular, to NAK Naftogaz Ukraine "and the Pension Fund.
According to an UNIAN correspondent, such a decision at today"s Cabinet meeting journalists said the Minister of Industrial Policy of Ukraine, Vladimir Novitsky.
"The Cabinet supported the measures that we have proposed to restructure the debt on the gas and the Pension Fund" - the minister said, without specifying details.
He also said that the Industrial Policy Ministry is developing instruments to attract bank loans to replenish working capital Sumykhimprom to repayment of past debts of the enterprise.
As UNIAN reported earlier, on Nov. 30, 2009 NAK "Naftogaz Ukraine" has ceased gas Sumykhimprom because of debts of the enterprise. Evening on December 2 gas supplies were resumed.
December 7, 2009 CEO of Faith Lavrik in a letter of appeal to the political forces of Ukraine reported that executives Sumykhimprom agreed with the Government of Ukraine on gas deliveries in winter period and the restructuring of debt for the consumed gas.
In particular, according to Lavrik, only after the personal intervention of Prime Minister Yulia Tymoshenko was resumed gas supply company and saved the technological cycle of production on "Sumyhimprome. Also Lavrik denied information about the possible bankruptcy of the enterprise.
She reported that Sumykhimprom jointly with the Ministry of Industrial Policy of Ukraine held talks with a number of banking institutions, in which the prerequisites for obtaining funds for the purchase of raw materials and pd53ay for energy. In addition, the State Tax Administration of Ukraine adopted the measures for immediate recovery plant value-added tax, which totals more than 30 million UAH.
Sumykhimprom - Power Chemical Complex, which produces titanium dioxide, mineral fertilizers, sulfuric and phosphoric acid, iron oxide pigments, and coagulants.
100% of shares Sumykhimprom are managed by the Ministry of Industrial Policy of Ukraine.
2008 Sumykhimprom finished with a loss of 230.602 million UAH., whereas in 2007 net profit of the company amounted to 1,417 million UAH.
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