SHARE FOR PRIVATIZATION 70%
Khmelnytskoblenergo is a 70% state-owned company that distributes electricity in Khmelnytskyi region (area: 21,000 sq.km.; households: 1.4m).
The company owns over 34,000 km of grid connections, including 21 regional sub- divisions and 7,705 transformer stations with the capacity of 3,341 MVA. The largest consumer groups are households (40.4%) industrial (31.1%) and non-industrial objects (12.0%). The company provides services to 550 thsd households and 20.1 thsd commercial and industrial consumers.
70% of the company’s shares were transferred to the State property fund. The remaining shares are distributed between other shareholders. The company has a supervisory board that consists of 7 people, including five representatives of the State Property fund and two representatives of VS Energy International Ukraine.