Reboot of strategic energy companies: the government starts selection of supervisory boards
15 December 2025 09:22
The government is launching a selection process for candidates to the supervisory boards of a number of energy companies. The new composition is expected to be formed in January.
This is reported by "Komersant Ukrainian" with reference to the statement of the Prime Minister of Ukraine Yulia Sviridenko.
“We are starting the next stage of rebooting energy companies,” Svyrydenko said.
According to her, in accordance with the government’s plan, the selection of candidates for the supervisory boards of a number of strategically important energy sector companies will begin on Monday, December 15.
These are, in particular, the following
- Gas Transmission System Operator of Ukraine LLC,
- JSC Ukrainian Distribution Networks,
- JSC Market Operator,
- PJSC Centrenergo,
- “Energy Company of Ukraine,
- NNEGC Energoatom,
- JSC Ukrenergo,
- JSC Ukrhydroenergo.
The Prime Minister noted that the Ministry of Economy will publish all information on the selection process. The formation of the new supervisory boards is scheduled for January.
In addition, a competition for 4 independent members of the Supervisory Board of Naftogaz was launched on Friday.
“We invite honest and professional candidates to apply. Our main goal is to ensure transparency, efficiency and control in the management of energy sector companies,” Svyrydenko said.
Audit of state-owned companies
The Cabinet of Ministers has launched a large-scale audit of state-owned companies, paying special attention to the energy sector after the publication of the NABU Midas case on large-scale corruption in the energy sector. The audits cover management efficiency, procurement, and the work of supervisory boards.
The supervisory boards of key state-owned enterprises have been instructed to check the effectiveness of control over executive bodies, compliance with anti-corruption policies, financial discipline, and procurement procedures. They also have to take measures to improve corporate governance and increase the responsibility of officials.
The government also approved a new procedure for selecting candidates for the positions of independent members of supervisory boards of state-owned enterprises in the fuel and energy sector.
