"The plan to transform the state enterprise “NNEGC “Energoatom” into a joint-stock company, approved by the Cabinet of Ministers of Ukraine, is being implemented on schedule. The Ukrainian government adheres to its obligations and continues to corporatize “Energoatom" ", said Minister of Energy of Ukraine German Galushchenko.
According to Petro Kotin, President of SE “NNEGC “Energoatom”, the newly created joint-stock company will have new opportunities, which, in turn, will encourage further revision of business models, strategies, and organizational structures. “Together with the government, we are starting the final stage of transforming our company into a joint-stock company,” he said. "Formation of a new Supervisory Board, development and approval of the charter are steps that are an integral part of the corporatization, which we plan to complete before year-end”.
The transformation of NNEGC “Energoatom” into a joint-stock company will improve the efficiency and transparency of the company's governance, help attract investments in the nuclear industry, and strengthen Ukraine's energy security and independence.
The Ministry of Energy and the Ministry of Economy of Ukraine jointly coordinate the corporate reform of Ukraine’s largest energy generating company. Selecting members of the Supervisory Board is one of the stages of the company's transformation into a joint-stock company, which is an important step in making it a model of modern corporate governance.
#corporatization
