HMO

13:34
Today
Telegraph

Interfax-Ukraine

Photo: UNIAN

“Odessa port plant” (OPP) for the year received nearly 3 billion hryvnias of losses.

PJSC “Odessa port plant” by the end of 2016 a net loss of 2,981 billion against 218,514 million hryvnia net profit in 2015.

This is stated in the announcement on April 25 of the ordinary General meeting of shareholders, reports “Interfax-Ukraine”.

According to the announcement, the total assets of the company in 2016 has increased by 6.8% compared to the year 2015 – up to 3 billion 562,605 million UAH, while the major funds decreased by 7.8% to 1 billion 27,307 million.

Total accounts receivable of the SCR fell by 5.2% to 328,864 million UAH, long-term commitment – three times, to 698,377 million, while current liabilities increased by 8.9% – up to 8 billion 469,115 million.

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The number of employees for 2016 was reduced from 3,741 thousand people to 3,698 thousand .

As previously reported, after two unsuccessful attempts of privatization of AES in 2016 the company due to high natural gas prices and accumulated debts for his deliveries were stopped for the first two months of 2017. Since March, the HMO began to work on tolling scheme with the group of companies “ERA”, which undertook to deliver to him for processing up to 60 million cubic meters of gas per month, and the ammonia and urea to sell on foreign and domestic markets.

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“ERA” also pledged more than $20 million under the agreements of credit support for the resumption of plant operation through the financing of gas deliveries in March.

HMO, state-owned, produces chemical products is also engaged in handling ammonia by sea.