The Cabinet of Ministers has required the Ukrainian Railways joint-stock company (Ukrzaliznytsia), the Ukrhidroenergo hydroelectric power company, and PJSC United Mining and Chemical Company to pay 90% of their profits as dividends for 2018 instead of 30%.
This is stated in a Cabinet of Ministers resolution dated December 4, the Economic Truth publication reports.
The document also requires enterprises in which the state owns shares to pay 90% of their net profits as dividends for 2018 instead of 50%.
The Cabinet of Ministers made an exception for Oschadbank, which is required to pay only 30% of its net profit as dividends.
As reported, the Antimonopoly Committee of Ukraine recently ordered the Ministry of Infrastructure to cancel the Boryspil airport’s discount on air traffic control services.