Back
Automatically translated version. May contain inaccuracies compared to the original.
The Cabinet of Ministers of Ukraine has halted funding for all capital expenditures, prompting the construction company Autostrada to declare an involuntary halt of work at all of its facilities. This was reported by Autostrada CEO and founder Maksym Shkil on Facebook.
Shkil stated that the government’s decision to stop funding was made without warning or discussion with business.
“Today the state, in one day, without any warnings, discussion, or dialogue, stopped funding for all capital expenditures,” the post reads.
The company said that the funding halt creates problems with paying wages, servicing loans, and settling with suppliers.
“Wages for entire sectors of the economy, interest on loans, settlements with suppliers — this is certainly a headache not for the deputies or the Ministry of Finance; they have their own business plan, and we are simply being confronted with the facts,” Autostrada stated.
In light of the situation, the company announced a halt in work at all facilities.
“In connection with this, Autostrada is forced to halt work at all facilities,” wrote Shkil.
Document: PDF proof of the original version of the news item "Уряд зупинив фінансування капітальних видатків – СЕО Autostrada". It records the publication content at the moment of the first scan, the preservation date and the source: Gordon.
