Zelenskyy has instructed to accelerate the reorganization of top energy companies

Artur Romanchenko
Artur Romanchenko Journalist
Zelenskyy has instructed to accelerate the reorganization of top energy companies
Volodymyr Zelensky
The main state enterprises in the Ukrainian energy sector will be completely rebooted.

The main state enterprises in the Ukrainian energy sector will be completely rebooted. Alongside the financial audit, the management will be fully renewed. This was stated by the President of Ukraine, Volodymyr Zelensky.

"Alongside a full review of financial activities, there should be an update of the management of these companies. Today, together with the Prime Minister of Ukraine, Yulia Sviridenko, and the Minister of Economy, Oleksiy Sobolev, we have outlined the plan of action," - reported the president.

 The following steps are planned:

  • "Energoatom": within a week, orders will be issued to create conditions for forming a new supervisory board and a complete overhaul of the management.
  • "Ukrhydroenergo": an urgent competition will be held for a new company leader and the formation of a supervisory board.
  • Operator of the Gas Transmission System of Ukraine: a competition for the position of general director and the formation of a supervisory board.
  • "Naftogaz of Ukraine": current supervisory board contracts will end in January 2026. From January, a completely new board should be in place.

"In other major energy state companies, there will be an update of the state's representatives on the supervisory boards," - Zelensky noted.

Additionally, the president stated that government officials have received instructions to maintain constant communication with law enforcement and anti-corruption agencies.

"Any detected scheme within the companies must and will receive an immediate and fair response. Full transparency and integrity of processes in the energy sector are an absolute priority," - summarized the president.

Share tittle
Economy
Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’
Economy

Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’

During a retrial, the Kharkiv District Administrative Court quashed a tax penalty of 4,038,423 hryvnias imposed on a business owner following an inspection of a shop in the centre of Odesa. The decision was based on irregularities in the way the inspection was arranged, rather than on a refutation of the tax authorities’ claims regarding the accounting of goods.

22.07.2026
The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million
Economy

The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million

The Innovation Development Fund has announced a tender for the purchase of 860 Starlink Internet Satellite Mini satellite modems or their equivalents. The maximum funding amount for the purchase, including VAT, is 17.028 million hryvnias.

22.07.2026
"Ukrnafta" is to build a new gas-fired combined heat and power plant with the support of the EBRD
Economy

"Ukrnafta" is to build a new gas-fired combined heat and power plant with the support of the EBRD

"Ukrnafta", in partnership with the European Bank for Reconstruction and Development, is preparing to build a modern combined-cycle gas-fired combined heat and power plant with a capacity of around 250 MW.

21.07.2026
The IMF has approved a $690 million tranche for Ukraine: the conditions
Economy

The IMF has approved a $690 million tranche for Ukraine: the conditions

The Executive Board of the International Monetary Fund has completed the first review of the four-year Extended Fund Facility programme for Ukraine. The decision paves the way for the immediate release of approximately $690 million.

21.07.2026
The cost of living in Ukraine: Getmantsev reveals the actual figure
Economy

The cost of living in Ukraine: Getmantsev reveals the actual figure

The real cost of living in Ukraine should be at least 11,000–12,000 hryvnias per month. However, there are currently no plans to raise it to this level in the near future due to the constraints on the state budget.

20.07.2026