Ukrinterenergo

The international company SONG-DA - UKRIN provides consulting services, conducts scientific research, and also monitors the work of national and foreign technical facilities.

In 2015, Ukrinterenergo reported about 7,3 profit increase, which, in many respects, was conditioned by a lucrative Crimean contract (plus transit operations in Slovakia, Romania, and Hungary).

After separatists took control over power stations in Luhansk and Donetsk, Ukrinterenergo notified Inter RAO that Ukraine stopped receiving electricity.

[15] The administration of the South African company Steel Mont refused to prolong the contract for coal supply due to the reputation issues with banks.

The company undertakes electricity supply to enterprises and households that have failed to conclude a contract with another provider or faced significant financial challenges.

[20] The Ukrinterenergo’s failure to deliver electricity to the Ukrenergy Trade SE and Korlea Invest, A.S. companies in the volumes stipulated by contracts signed in 2008 and their subsequent breach gave rise to the large-scale legal conflict.

[21] In January 2013, Ukrenergy Trade SE and Korlea Invest, A.S. filed claims demanding SFTC Ukrinterenergo to compensate for their profits lost due to the contract breach.

The legal conflicts of this kind often arise due to the government's unrealistic expectations and the burden they impose on state-owned energy companies.

[23] For example, the SoLR responsibilities significantly complicate the Ukrinterenergo’s operation since it has to support state debtors, such as The Donbass Water company,[24] and enterprises with a defined low income.