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                        THURSDAY, NOVEMBER 28, 2024
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Business    

Cabinet orders state-owned firms to pay 90% of profits to government
Journal Staff Report

KYIV, April 24 – The Cabinet of Ministers has increased the requirement for sending part of net profit of state-owned enterprises (SOE) to the national budget for 2019 from 75% to 90%, and annulled the decreased requirements for separate enterprises.

The respective decision was made at a meeting on Wednesday.

During the meeting, the head of the Federation of Trade Unions of Ukraine, Hryhoriy Osovy, said that such a decision could deprive enterprises of the opportunity to carry out modernization.




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