Compliance with current legislation, exchange trading rules, and regulatory requirements are the main principles of the Ukrainian Energy Exchange. Therefore, Exchange constantly monitors the fulfillment of trading participants’ obligations under concluded contracts, in accordance with the exchange Rules and Regulations.
By the Procedure of November 5 of the current year, the Exchange Committee decided to apply sanctions to ten participants who participated in the trading in the "Untreated timber and lumber" section, in particular due to violation of the obligation to fulfill the contract for the purchase and sale of untreated timber based on the results of exchange trading held on May 26, 29, June 2, 3, July 17, and September 18, 2025.
Financial sanctions in the form of a fine were applied to the participants-violators. Administrative sanctions in the form of suspension of admission to exchange trading (auctions) that will be initiated by the participant-seller, to whom the obligations were violated, were also applied to four participants - the Podilskyi Forest Office Branch of the State Enterprise "Forests of Ukraine" for a period of 2 months, the Carpathian Forest Office Branch for a period of 1 month, the Capital Forest Office Branch of the State Enterprise "Forests of Ukraine" for periods of 1 and 3 months.
Exchange Committee emphasizes that the application of sanctions is a compulsory measure to ensure openness, transparency, and competition in trading. To prevent similar situations in the future, all participants must strictly comply with their obligations under the concluded agreements.