OREANDA-NEWS. On June 15, 2009 Ukraine and Sweden have signed memorandum of intentions for cooperation between representatives of local self-government bodies of Ukraine and EcoEnergy Scandinavia AB and BiogasProm.

In the presence of the Head of Ukrainian Government Yulia Tymoshenko from EcoEnergy company the document was signed by Head of Board of EcoEnergy Scandinavia AB Lars Guldstrand and managing director of BiogasProm Valentyn Makogon. The document was also signed by representatives of local self-government bodies of Ukraine, in particular, heads of local councils.

As the Prime Minister of Ukraine Yulia Tymoshenko stressed following the ceremony, Ukraine and Sweden are launching a project of garbage utilization, development of alternative energy sources and improvement of environment. The Head of Government added Swedish companies possess one of most significant experiences in the world and are invest Eur 700 million into the garbage utilization project.

The Premier reminded the Gov’t had devised a series of state programs for modernization of boiler economy, water supply and water purification systems, reprocessing of dumps. Also, according to her, respective protective laws have already come in force in Ukraine which would enable companies-investors to rely on overall support of the state and certain tax vacations.

In his turn, the head of board of EcoEnergy company of Sweden Lars Guldstrand has positively evaluated efforts of the Government of Ukraine in the ability to create energy independence of the country and improve the state of environment: “Such concern of the Government and personally of the Prime Minister is very significant for us, as it gives us more confidence we will have chance to cooperate along these projects”.

He stressed this autumn EcoEnergy AB plans to start realization of two investment garbage reprocessing projects. In addition, he said, total sum of investments into the mentioned projects will amount Eur 20 billion and today’s agreement in drawing Eur 700 million is only the first step: “The projects we have launched in synergy will be among the most impressive and large programs which are to facilitate use of renewable energy in Europe”.