Eesti Energia to record 65.6 million euro loss

  • 2016-01-20
  • BNS/TBT Staff/TALLINNINN
The state-owned Estonian energy group Eesti Energia is about to record an impairment loss of 65.6 million euros in terms of finances for the final quarter of 2015. The impairment loss relates to the following assets: Auvere power plant - 39.6 million euros, and assets relating to the Utah project - 26.0 million euros, Eesti Energia told the London stock exchange. Eesti Energia said its management board has finalized impairment tests of property, plant and equipment, and intangible assets as of December 31, 2015.  The management b...
 
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