Politics

        Ukraine Begins Overhaul of Key State-Owned Energy Companies — Zelensky

        15 November 2025 16:29
        Meeting with the President / Photo by the Office of the President
        Meeting with the President / Photo by the Office of the President

        President Volodymyr Zelensky has announced the launch of a major overhaul of state-owned companies in the energy sector. According to him, the reset will take place in parallel with a full audit of the enterprises’ financial activities.

        The plan was defined during a meeting with Prime Minister Yulia Svyrydenko and Minister of Economy Oleksii Sobolev.

        In particular:

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        • Energoatom — within a week, all conditions must be created to form a new professional supervisory board, followed by a complete reset of the company’s management.
        • Ukrhydroenergo — an urgent competition for a new CEO will be held, and the supervisory board will be strengthened.
        • Gas Transmission System Operator of Ukraine (GTSOU) — the supervisory board will be completed and a competition for a new CEO will be launched.
        • Naftogaz of Ukraine — since the contracts of the current supervisory board expire in January 2026, a competition will be announced so the new board can start working at the beginning of 2026.
        • Other major state-owned energy companies will also see updates to the state’s representatives on their supervisory boards.

        Zelensky instructed the government to maintain constant, substantive communication with law enforcement and anti-corruption agencies. He emphasized that any detected scheme in the energy companies will receive a swift and fair response.

        “Full transparency and integrity in the energy sector is an absolute priority,” the President said.


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