The Cabinet of Ministers of Ukraine during the reform of corporate governance of the organization "Naftogaz of Ukraine" approved a new Charter, Under which its shares are transferred to the control of the Ministry of economic development and trade from the Ministry of energy and coal industry.
The government of Ukraine in mid-October approved a plan to reform corporate governance of Naftogaz, which will give the opportunity to receive EBRD loan (300 million dollars) and the world Bank (500 million dollars). In November, the Director for business development at Naftogaz Yury Vitrenko said that due to the delay of the reform of "Naftogaz" Kiev can not use loan funds from the EBRD.
"To establish that control 100% of the shares of the country's public joint stock company" Naftogaz of Ukraine "by the Ministry of economic development and trade," - said in the decree, published on the first day of the week.
According to the new decree, in the activities of the organization not permitted interference from public authorities, political parties and public organizations. They say, in the composition of the Supervisory Board consists of five persons, which is approved by the Ministry of economy.