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Ukraine state-owned enterprises weekly — Issue 109

Ukraine is one step away from meeting the IMF’s structural benchmarks on corporate governance reform of GTSOU. With the Cabinet’s approval, the Energy Ministry is now able to formally appoint these candidates.

Ukraine state-owned enterprises weekly — Issue 106

The state wants to take away Naftogaz’s right to decide on its subsidiaries’ dividends. The draft law on the 2024 state budget (Draft Law No. 10000) proposes that entities in which 50 percent or more of shares are owned by Naftogaz must pay their 2023 dividends directly to the state budget. Naftogaz is carved out individually in this draft law, which is considered to be a poor practice.

Ukrainian State-Owned Enterprises Weekly — Issue 105

On Sept. 29, United Mining and Chemical Company (UMCC) said that the State Property Fund (SPFU) changed the company’s executive board, dismissing first deputy CEO Yaroslava Maksymenko and replacing her with Yegor Perelygin. According to liga.net, Perelygin headed UMCC from August 2021 to April 2022. The executive board now also includes deputy CEO Dimitri Kalandadze, deputy security and audit director Valeriy Papenko, and former branch head Valeriy Zakharenko.

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