A Chairman of the
Board of PJSC Ukrnafta must be elected today:
"We expect from the company's leadership payment of dividends to the state
as well as the real improvement of activity and efficiency of the company on
the whole," Prime Minister of Ukraine Arseniy Yatsenyuk underlined at a Government’s meeting on Wednesday, 22 July.
Minister informed that today a general meeting of shareholders in PJSC Ukrnafta will be held – the Ukraine's largest energy
company, which has a private share at a rate of 49% and state share in the
amount of 51%.
Members of the
Cabinet of Ministers, he emphasized, had a meeting today with the possible
candidate for Chairman of the company’s Board: "He has a serious
experience in working at the world's leading energy companies."
Arseniy Yatsenyuk reminded that Parliament approved a government bill
that actually returned the state the possibility to hold a general meeting of
shareholders and influence on the company’s activity.
during the general meeting of shareholders in the company Ukrnafta
should be elected a new Chairman of the Board," he pointed out and added
that during the meeting of shareholders must also be taken decisions on the distribution
of dividends for 2014: "This sum makes up UAH1.2 billion."
According to the PM,
a new chairman of the board will face a number of tasks that "will, first
of all, involve transparency and efficiency of the company, a new composition
of the Board as well as new approaches in activities of the country's largest
significant drop in oil prices a likely Chairman of the Board has noted that
there is scope both for an increase in oil production, and a decrease in the
cost of production," he said.
Yatsenyuk expressed hope that the meeting of
shareholders will be held according to high European standards: "The state
as shareholder of the company respects the rights of the minority shareholders,
and we believe that the minority shareholders also respects the rights of the
state as owner of 50% +1 share of this company."
Minister again called on NJSC Naftogaz Ukrainy and shareholders of Ukrnafta
to "hold the meeting in a transparent way, to let the media know about all
voting results on all 30 agenda items, which must be considered today."
adoption of an appropriate decision, Arseniy Yatsenyuk highlighted, the preparation and signing of a
contract with a new Chairman of the Board should be speeded up: "As soon
as the contract is signed with a new board’s chairman, he immediately will take
up his duties. The
Cabinet of Ministers has adopted a corresponding order on a vote."
chairman of the board has to conduct a competition on completely independent
conditions for the posts of board members who must urgently enter upon their
duties," he stressed.
"What the Government
has promised several months ago - adoption of the bill, convening a meeting of
the supervisory board and the shareholders as well as the appointment of a new
independent Board Chairman of PJSC Ukrnafta - must
happen today," Arseniy Yatsenyuk