German Galushchenko, vice president of development at Ukrainian nuclear utility Energoatom said on 4 June that Energoatom is focused on getting the company out of the crisis.

Galushchenko noted that “in connection with the problems of the functioning of the market”, Energoatom has recently been “continuously increasing its debt burden”.

He added: “The company has every opportunity to make a profit, for the country to make money, atomic specialists get decent wages, and the end-user gets a comfortable and understandable price for electricity."

"At the moment we see the political will of the country's leadership to solve this difficult problem and are ready to actively participate in this process. For us, the primary task is to get Energoatom out of the crisis," Galushchenko said.

Earlier in June, under the chairmanship of the Secretary of the National Security and Defence Council (NSDC), Alexei Danilov, a working group of experts met in an effort to resolve the situation related to the energy market. During this meeting Energoatom unveiled its roadmap for overcoming the crisis.  The meeting was also attended by the heads of the energy ministry, the National Energy and Utilities Regulatory Commission, operator of the Integrated Power System, Ukrenergo, wholesale electricity market operator Energorynok, MPs and experts.

“Our task is to find a balanced solution that will help to overcome the crisis, protect the interests of Energoatom and the end-users,” said Galushchenko.

He emphasised that Energoatom’s proposals are the result of a thorough study of the situation on the energy market and forecasting of critical events in the medium term.

"It is necessary to create a competitive environment for all market players and provide Energoatom equal opportunities with others, as well as to allow the company to interact directly with universal service providers to sell electricity to the public. All this will make it possible to provide household consumers with cheap electricity in a social package,” he added.