Ministry of Economic Development and Trade of Ukraine begins
an official selection procedure for CEO positions of PJSC Ukrzaliznytsia, PJSC Centerenergo, SE Ukrposhta, SE Ukrspyrt, SE Plant Electrovazhmash
and SE Ukrenergo.
The ministry is seeking highly-skilled professional managers
with excellent reputation and successful work experience within the private
sector. Winners of the selection procedure will receive a competitive
remuneration comparable to the private-sector compensation in Ukraine.
The criteria for CEO selection, the description of positions
and a list of required documents and deadlines to submit the application may be
found here or at MEDT web-site’s vacancies section via the link.
Please, note that the list of necessary documents was reduced: penal clearance
certificate is not required anymore.
The selection will proceed in 2 phases. In the first phase,
a selection commission under the Nomination Committee will shortlist 2-5
candidates, while in the second phase, the Nomination Committee will select the
most qualified nominee and recommend him/her to be appointed by the Cabinet of
Ministers of Ukraine (CMU) as a CEO of the enterprise.
The Nomination Committee consists of 5 Ministers and 5
independent experts. Detailed information on the Nomination Committee and its
members could be found.
Additional information on the companies
PJSC Ukrzaliznytsia (UZ) is state-owned rail monopoly which
operates 6 regional rail operators and close to 140 other subsidiaries. The
domestic rail network is Ukraine’s strategic asset and a key transport link
between the EU and Russia and Central Asia (4 out of 10 pan-European transport
corridors cross Ukraine). UZ operates 21,600 km of rail tracks (47 % electrified)
and a fleet of c. 4,000 locomotives and 123,000 railcars. It accounts for c. 60
% of total freight transportation and 38 % of passenger transportation in
Ukraine, ranking first in Europe (ex-Russia) on freight turnover. UZ is number
2 by passenger turnover in the CIS and number 4 in Europe. Metal and mining
goods accounted for 58 % of its 2014 freight transportation in volume terms,
followed by construction materials (15 %) and grain (8 %). With over 300,000
employees, UZ is one of the largest employers in Ukraine. Company reported net
revenue of UAH 28.9bn for 6m2015 (+23% y-o-y). Company’s net loss narrowed to
UAH 4.7bn in 6m 2015 vs. net loss of UAH 8.2bn for the same period of
PJSC Centerenergo is one of the
TOP-100 largest SOEs in Ukraine managed by the Ministry of Energy and Coal
Industry of Ukraine. Centrenergo is Ukraine’s
second-largest thermal generator by capacity (7,660 MW), operating three power
plants in the industrialised regions of Kyiv, Kharkiv and Donetsk. In 2014 it
accounted for 7 % of the total electricity production in Ukraine (18 % of the
total production by thermal power generation). For 9m 2015 company generated
UAH 82m of net loss compared with net income of UAH 219m for 9m 2014.
SE Ukrposhta is governed by the
Ministry of Infrastructure of Ukraine and is one of the TOP-100 largest SOEs in
the country. SE Ukrposhta is a national postal
operator of Ukraine, which is wholly owned by the State. The enterprise has 29
branches (inc. 25 regional directorates) and more than 11 800 postal
departments all over the country, which makes it the largest postal network in
Ukraine. With over 87 000 employees, Ukrposhta
processes and delivers to customers about 240 million postal items, 16 million
parcels and insured items, 15 million orders, and more than 83 million pensions
per annum. For 9m 2015 net income increased 2.5 times compared to 9m 2014 and
amounts UAH 30m.
SE Plant Electrovazhmash is
governed by the Ministry of Economic Development and Trade of Ukraine and is
one of the TOP-100 largest SOEs in the country. The company produces hauling
equipment for mines and railways as well as turbo and hydro generators and
direct-current electric machinery. EVM’s equipment is used in over 40 countries
globally. 73% of thermal power stations in Ukraine is
equipped with Electrovazhmash turbo generators and
78% of hydro power stations use hydro generators produced by Electrovazhmash. The enterprise supplies Europe, Asia, Latin America and Middle East markets. Partners of the
enterprise are Siemens, ArcelorMittal and others. For
9m 2015 company amounts UAH 53m of net loss and for 9m 2014 company reported
about UAH 84m of net income.
SE Ukrspyrt is a 100% state-owned
holding company operating 41 domestic distilleries with total annual capacity
of 31.3 million decalitres, located in Lviv, Ternopil, Vinnytsia and
other regions. Being a state monopoly in production and export of ethyl
alcohol, Ukrspyrt is responsible for the
implementation of government policy and effective management of state-owned
companies in the alcoholic beverage industry. The company has approx. 5
thousand employees, being the main employer in villages and towns where its
production facilities are located. Ukrspyrt reported
net income of UAH 164m in 9m2015 (+71% y-o-y).
SE Ukrenergo is governed by the
Ministry of Energy and Coal Industry of Ukraine and is one of the TOP-100
largest SOEs in Ukraine. The enterprise is responsible for operating the
domestic high voltage transmission system and cross-border transmission lines
and providing power dispatching services. It controls real-time electricity
output and monitors power generators’ operational generating units, fuel stocks
and production efficiency, balancing electricity consumption with production.
Due to its status as natural monopoly, tariffs for the company are set by the
sector regulator, which uses a cost-plus approach to set tariffs based on its
OPEX and CAPEX needs. Ukrenergo unites seven regional
networks and operates 23,000 km of transmission lines operating at 220-750 kV
voltage levels. The company regularly conducts cross-border capacity auctions
and sells rights to export electricity from Ukraine to neighbouring countries.
For 9m 2015 Ukrenergo generated UAH 408m of net
income comparing with net loss of UAH 478m for 9m 2014.
Additional information about enterprises may be found in
Annual Report on TOP-100 SOEs for 9m 2015.