Editor’s Note: This is issue 154 of Ukrainian State-Owned Enterprises Weekly, covering events from Oct. 24-Nov. 17, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukraine’s energy infrastructure under attack, first in almost three months; power outage schedules are back. On Nov. 17, Ukraine’s
Editor’s Note: This is issue 152 of Ukrainian State-Owned Enterprises Weekly, covering events from Oct. 13-24, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Updated IMF Memorandum. On Oct. 18, the International Monetary Fund (IMF) published an updated Memorandum of Economic and Financial Policies
If Russia continues its onslaught of attacks against critical energy infrastructure as it did in 2023, then Ukrainians may face up to eight hours of power outages on the most "critical" days, Brekht said.
Editor’s Note: This is issue 151 of Ukrainian State-Owned Enterprises Weekly, covering events from Oct. 6-12, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Ukrzaliznytsia’s CEO Yevhen Liashchenko filed a resignation letter, the company’s supervisory board said on Oct. 7. The board
The media outlet RBC-Ukraine reported, citing unnamed sources, that the individual in question was Oleh Hrybenko, who is reportedly responsible for maintaining the security of critical infrastructure facilities.
Editor’s Note: This is issue 148 of Ukrainian State-Owned Enterprises Weekly, covering events from September 15-21, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs UDI looking for a new CEO. On Sept. 19, Ukrainian Defense Industry (UDI) said that its supervisory board had launched
Editor’s Note: This is issue 147 of Ukrainian State-Owned Enterprises Weekly, covering events from Sept. 8-14, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Former Ukrenergo’s CEO Kudrytskyi interviewed. Volodymyr Kudrytskyi, who was dismissed as Ukrenergo’s CEO on Sept. 2, was interviewed
Editor’s Note: This is issue 146 of Ukrainian State-Owned Enterprises Weekly, covering events from Sept. 1-7, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Ukrenergo’s supervisory board dismisses CEO Kudrytskyi despite objections of international partners; two independent board members step down due to
"This is critical for Ukraine's energy security and the confidence of international partners," the statement read.
Editor’s Note: This is issue 145 of Ukrainian State-Owned Enterprises Weekly, covering events from Aug. 25-31, 2024. The Kyiv Independent is reposting it with permission. This newsletter was originally published before the news that state energy grid operator CEO Volodymyr Kudrytskyi was dismissed on Sept. 3 amid a wide-scale
The controversial decision to dismiss the head of Ukraine’s state-owned energy grid operator has prompted resignations from two independent members of the company’s supervisory board and raised concerns from partners abroad. Volodymyr Kudrytskyi, who served as head of Ukrenergo since 2020, was dismissed on Sept. 2 on the
Via a post on Ukrenergo's Telegram account, Chairman of the supervisory board Daniel Dobenni, and supervisory board member Peder Andreasen, also said they were stepping down from their positions in protest of what they described as a "politically motivated" decision.
The head of Ukraine's state grid operator Ukrenergo, Volodymyr Kudrytskyi, was dismissed from his role on Sept. 2 on grounds of failing to safeguard energy facilities amid intensified Russian attacks, public broadcaster Suspilne reported, citing sources within the company.
The head of Ukraine's state grid operator Ukrenergo, Volodymyr Kudrytskyi, may face dismissal "in the near future," Economic Pravda reported on Aug. 30, citing unnamed government sources and energy company contacts.
Scheduled blackouts will resume across Ukraine on Aug. 19 for the first time in three weeks, the state grid operator Ukrenergo announced on Aug. 18.
After a "very difficult couple of weeks" due to record-breaking heat and power plants being under repair, Ukraine's energy supply situation is improving, Volodymyr Kudrytskyi, the head of state grid operator Ukrenergo, said on July 26.
Representatives of Ukraine's state energy grid operator, Ukrenergo, and the KfW Development Bank signed an agreement worth 100 million euros (nearly $110 million) for energy projects, Ukrenergo announced on July 19.
The record-breaking heat wave that has engulfed Ukraine is expected to continue at least through the rest of the following week, with the maximums to exceed 40 degrees Celsius (over 104 degrees Fahrenheit).
Through an agreement with the European Commission, Ukraine has received 5,876 solar panels to help power hospitals across the country, Ukraine's Energy Ministry announced on social media on July 2.
The strain on the country's energy infrastructure will be alleviated after repairs at some nuclear power units are completed, which will provide more available capacity, while changes in the weather are also expected to help, according to Kudrytskyi, Volodymyr Kudrytskyi, the head of Ukraine's state grid operator Ukrenergo, said on July 1.
Investigators from the SBU and National Anti-Corruption Bureau 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 in the spring of 2022.
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.
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
It will be difficult to cover consumption levels as restoration work at thermal and hydroelectric power plants damaged by Russia will still be ongoing, state-owned energy operator Ukrenergo told the Suspilne media outlet.
The high temperature, which causes an increase in electricity consumption, as well as recent Russian attacks against Ukrainian energy infrastructure, have led to the deterioration of the situation.
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 sector Ukrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia,
Ukraine will introduce hourly energy shutdowns for industrial and household consumers in all oblasts from 6:00 p.m. local time on May 20 until midnight.
Limitations for industrial users will be applied from 7 p.m. to midnight local time on May 18, while restrictions for domestic users are not forecasted for the same day, according to Ukrenergo.
The following is the May 14, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukrainian businesses and industry will face more restrictions in energy use due to "significant shortages of electricity” amid
Ukraine implemented rolling blackouts on May 15 due to power shortages caused by Russian attacks, Ukraine's state-owned energy operator Ukrenergo announced.
Ukraine's state-owned energy operator Ukrenergo said it had to introduce additional restrictions due to the damage from the recent Russian strikes against Ukrainian energy infrastructure and the increase in electricity consumption after the temperature drop.
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 SOEs Cabinet appoints new acting CEO for Ukrspyrt. On May 3, Stanislav Banchuk was appointed to the position. On May 6,
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