Of Ukraine’s top 15 state-owned enterprises, or SOES, five of them were in the energy sector. Only two of them were profitable in 2020: the Gas Transit System Operator of Ukraine and Ukrhydroenergo. Three of them were not: Ukrenergo, Naftogaz, Energoatom.
Their spotty performance raises questions about how effectively the government manages SOEs and whether it should even own these businesses or sell them to the private sector.
The Kyiv Post webinar: “Does the state run state-owned energy firms smartly?” is co-sponsored by DTEK, the largest private energy firm in Ukraine, and GOLAW, a prominent Ukrainian law firm.
Today’s guest speakers are Andriy Boytsun, a specialist on corporate governance of state-owned enterprises; Edward Chow, an energy expert and member of the DTEK Advisory Council; and Valentyn Gvozdiy, a lawyer who heads the supervisory board of Ukrhydroenergo.
For more information, read:
Andriy Boytsun: Ukraine needs to sell many of its state-owned enterprises, properly manage the rest
