Naftogaz Oil Trading LLC, which is the manager of the seized network of gas stations Glusko as of the end of 1Q2023, transferred to the State Budget the first revenues from asset management in the amount of UAH 378,000. This is 75% of the total income received by the company in March from the economic use of the seized property. This is reported by ARMA.
At the same time, the company's expenses for asset preservation last month amounted to UAH 2.5 million. According to ARMA, the disparity between income and expenses at the initial stage of management is caused by the need for significant investments in the restoration of gas stations in many regions of Ukraine, including in the de-occupied territories.
Also, according to the results of last month's activities, Naftogaz Oil Trading resumed the operation of 71 gas stations under the U.GO brand.
It will be recalled that in May of last year, the government accepted ARMA's proposal to transfer to management under a special procedure several seized assets of the Glusko gas station network. It concerns more than 200 gas stations and real estate owned by 31 legal entities, including Glusko Retail and subsidiaries associated with Viktor Medvedchuk.
