The company will challenge the fine Korolevu

Нафтогаз будет оспаривать штраф Коболеву

In Naftogaz commented on the new penalty Korolevu

The company said that they pay salaries and bonuses to employees due to additional income, not from payments for the consumed gas.

In Naftogaz intend to appeal the penalty to the head of the company in 1700 UAH for failure to provide information about the payment of premium after the victory in the Stockholm court. It on a press-conferences on Tuesday, 25 September, said chief Executive officer of the group of Naftogaz Yuriy Vitrenko, reports UNN.

He noted that the company previously successfully appealed against the fines imposed on the administration.

“It’s such a tradition, when Mr. KOBOLEV in the international arena to defend Ukraine and Ukrainian courts, regulatory bodies impose on him fines. As the last penalty in the Ukrainian judicial authorities, we have been able to recapture, to prove that it is absurd. So, it seems to me that we are in this case in the court of appeal, the higher court will prove that this was not an informed decision. We will appeal,” – said Vitrenko.

Also, Vitrenko said that Naftogaz pays salaries, bonuses and Fund their costs through additional revenues.

“We get our salary, bonus and Finance all our expenses due to additional income, not from the money that Ukrainians pay for gas. We received more than 2.1 billion dollars from Gazprom in the form of gas by the decision of the Arbitration. The gas we sold on the Ukrainian market, having received for it money”, – said Vitrenko.

We will remind, the head of Naftogaz fined for refusing to give information on the awards.

Earlier it was reported that Naftogaz will pay bonuses to the management Board of the company in connection with a victory in the Stockholm arbitration in the dispute with Gazprom. The approved size of bonuses – 1% of the winnings under the transit contract (in this case – $4.56 billion). Thus, the Board is subject to payment in the amount of $45.6 million

It was noted that the bulk of the money – up to 75% will be distributed among the head of Naftogaz Andrey KOBOLEV and chief commercial Director of the company Yuriy Vitrenko.

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