ukrenergo
Law enforcement agents have charged a former department head of Ukrenergo, Ukraine's state-owned energy operator, under suspicion that the ex-employee embezzled funds designated for the purchase of bulletproof vests, Ukraine's State Security Service (SBU) announced on June 26. Investigators from the SBU and National Anti-Corruption Bureau (NABU) allege that the unnamed former official organized the procurement of bulletproof vests at an "artificially inflated price" in the spring of 2022 following the start of Russia's full-scale invasion. The vests were intended to be used by employees of Ukr...
Kyiv Independent
Ukrainians will face lengthy, daily interruptions in electricity until the end of July as scheduled repairs at nuclear power plants put further strain on the country's already heavily damaged energy system, the head of grid operator Ukrenergo Volodymyr Kudritsky said. "The next week and even the next few weeks the situation will be much more difficult than today," he told Suspilne TV, adding that the heaviest blackouts will occur between 11 a.m. and 11 p.m. Repairs on reactor units on Ukraine's nuclear power plants necessitate the power cuts as Russian attacks have destroyed or damaged non-nuc...
Kyiv Independent
Editor’s Note: This is issue 135 of Ukrainian State-Owned Enterprises Weekly, covering events from June 2-8, 2024. The Kyiv Independent is reposting it with permission. The Cabinet approved the Reforms Matrix based on international partners’ recommendations on June 4. According to Prime Minister Denys Shmyhal, more than 200 reforms are planned for 2024. To monitor implementation, the Cabinet’s decision also defined 400 indicators and launched a special website for tracking progress. The Reforms Matrix consists of four structural documents: the European Commission’s Recommendations for Ukraine’...
Kyiv Independent
Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia, Dnipro, Donetsk, Kirovohrad, and Ivano-Frankivsk oblasts, the Ukrainian Energy Ministry reported. This is Russia’s sixth massive drone strike on energy facilities since March 22, the ministry said. Because of the attack, Ukrenergo had to impose additional electricity rati...
Kyiv Independent
Ukraine will uphold restrictions on energy supply for industrial users due to the damage caused by recent Russian attacks against the Ukrainian energy system, the state-owned energy operator Ukrenergo announced on May 17. Moscow has recently intensified its missile and drone strikes against Ukraine's critical infrastructure, destroying several thermal power plants across the country. This included the Trypillia plant, the main electricity supplier to Kyiv, Zhytomyr, and Cherkasy oblasts. Russia carried out another large-scale attack on May 8 against Poltava, Kirovohrad, Zaporizhzhia, Lviv, Iva...
Kyiv Independent
Ukraine implemented rolling blackouts on May 15 due to power shortages caused by Russian attacks, Ukraine's state-owned energy operator Ukrenergo announced. Moscow has recently intensified its missile and drone strikes against Ukraine's critical infrastructure, destroying several thermal power plants across the country. This included the Trypillia plant, the main electricity supplier to Kyiv, Zhytomyr, and Cherkasy oblasts. Earlier in the day, Ukrenergo introduced emergency shutdowns for industrial and domestic users from 7:25 to 10 p.m. local time across all regions of Ukraine. Limitations ar...
Kyiv Independent
Ukraine introduced restrictions on energy supply across the country due to a "significant power shortage," Ukraine's state-owned energy operator Ukrenergo announced on May 14. Moscow has recently intensified its missile and drone strikes against Ukraine's critical infrastructure, destroying several thermal power plants across the country. This included the Trypillia plant, the main electricity supplier to Kyiv, Zhytomyr, and Cherkasy oblasts. Russia carried out a large-scale attack on May 8 against Poltava, Kirovohrad, Zaporizhzhia, Lviv, Ivano-Frankivsk, Kyiv, and Vinnytsia oblasts, mainly ta...
Kyiv Independent
Editor’s Note: This is issue 131 of Ukrainian State-Owned Enterprises Weekly, covering events from May 4-10, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEsCabinet appoints new acting CEO for Ukrspyrt. On May 3, Stanislav Banchuk was appointed to the position. On May 6, Ukrspyrt confirmed Banchuk’s appointment, with no further details. Banchuk previously had a legal practice in Kyiv. A person by that name was deputy regional prosecutor of Chernivtsi Oblast until 2014 according to Ekonomichna Pravda (EP). According to YouControl, Banchuk founded Standart...
Kyiv Independent
Editor’s Note: This is issue 129 of Ukrainian State-Owned Enterprises Weekly, covering events from April 20-26, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEsEconomy Ministry announces a competitive selection to find an independent member for Ukrenergo’s supervisory board. On April 23, the Economy Ministry reported that the SOE Nomination Committee approved the candidate requirements. The deadline to apply is May 22. The decision to find the final independent board member that the company needs wasapproved in November 2023. As we reported in June 2023 ...
Kyiv Independent
Editor’s Note: This is issue 125 of Ukrainian State-Owned Enterprises Weekly, covering events from March 23-29, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEsHigh Anti-Corruption Court arrests a suspect in absentia in a Ukrzaliznytsia case, the Specialized Anti-Corruption Prosecutor’s Office (SAPO) reported March 29. The co-organiszer of the scheme allegedly misappropriated Hr 11.4 million ($290,000) in Ukrzaliznytsia’s funds. SAPO added that the suspect was on the international wanted list, but did not name him/her. According to the media, this might ...
Kyiv Independent
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