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Moratorium on bankruptcy of state-owned mines extended for year

The law, which extends the moratorium on the implementation of enforcement proceedings and measures of compulsory execution of decisions regarding state-owned enterprises in the energy sector, the imposition of arrests and prohibitions on the alienation of property in such enforcement proceedings, as well as the moratorium on initiating bankruptcy cases of state-owned coal mining enterprises until January 1, 2026, comes into force tomorrow, February 1.

This is stated in the text of the law, Ukrainian News Agency reports.

The law was adopted on January 14 and signed by President Volodymyr Zelenskyy on January 29.

The law was published today, January 31, in Voice of Ukraine.

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According to its text, the law comes into force the day after publication.

The previous moratorium on bankruptcy of state-owned mines expired on January 1, 2025.

With the entry into force of the law, the moratorium is again extended for a year.

In the explanatory note, the authors of the law (MPs Mykhailo Volynets, Valentyn Nalyvaichenko, Viktoriya Hryb, Volodymyr Moroz) emphasize that the work of coal and energy enterprises is currently important primarily from the point of view of ensuring the country's energy security in the autumn-winter period, and the lifting of the moratorium and the liquidation of state-owned enterprises puts this at risk.

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As Ukrainian News Agency earlier reported, in December 2021, the Verkhovna Rada extended the moratorium on the bankruptcy of coal-mining state-owned enterprises until 2024, and in February 2024 it extended it until 2025.

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