The council has extended the moratorium on bankruptcy for state-owned coal mines.

The Verkhovna Rada has adopted a bill aimed at restoring the solvency of certain state-owned enterprises in the energy sector that are in critical condition. A total of 251 deputies voted in favor.

This was reported by MP Yaroslav Zheleznyak.

The project includes an extension of the moratorium on the implementation of enforcement proceedings and measures for compulsory execution of decisions concerning state-owned enterprises in the energy sector for another year, as well as the imposition of seizures and bans on the disposal of assets in such enforcement proceedings, and a moratorium on the initiation of bankruptcy proceedings for state coal mining enterprises – from January 1, 2025, to January 1, 2026.

The initiators of the bill explained that the previous moratorium expires on January 1, 2025. They noted that lifting the moratorium on enforcement proceedings and measures for compulsory execution of decisions regarding state coal mining enterprises would lead to their bankruptcy and subsequent liquidation.

“Today, the operation of coal and energy sector enterprises is crucial primarily from the perspective of ensuring the country's energy security during the autumn-winter period. Thus, extending the moratorium on the bankruptcy of state coal mining enterprises is an urgent task,” the explanatory note states.

Background. Earlier, Mind reported that the Cabinet introduced a moratorium on the payment of external debt on Eurobonds issued in 2018. The government temporarily suspended such payments.