to Arseniy Yatsenyuk, an objective for each head of the company is to
improve efficiency of the particular enterprise, to create jobs, to pay taxes
and to boost state-owned asset value.
as the Prime Minister, have demanded that the state companies cease to be a feeding
trough for politicians and political forces”, he emphasized.
purpose the Government has introduced a market-based remuneration system for
the employees of the state-owned companies.
reminded that the position and policy of the Government is to completely
change the executive staff and governance systems within these companies.
Minister reminded that the Cabinet of Ministers adopted a decision to
launch an open and transparent tender to select CEOs of state-owned companies:
“6 directors of state-owned companies have been appointed not by politicians
but by an independent Nomination Committee. Another 12 directors of
state-owned companies are either undergoing an appointment procedure or
participating in the appropriate competition”.
of Government stressed that many state-owned companies continue to use
intermediaries and financial cushions in offshore zones, in which there sits
hundreds of thousands of dollars that should be transferred to the state
budget as taxes. These constitute part of the national wealth of the country
but should not be part of the wealth of a political class trying to take
control of the state-owned enterprises”.
Yatsenyuk reminded he had commissioned a comprehensive audit of all
major Ukrainian state-owned companies. 25 companies have already completed their
checks, and these audit results were presented to the Cabinet of Ministers of
the audits the Cabinet of Ministers handed over all necessary documentation
to the National Anti-Corruption Bureau, prosecutors and law enforcement
agencies to initiate appropriate criminal proceedings, part of which have
already been initiated and are being investigated”, he stressed.
particular, the Government transferred cases on Ukrhydroenergo,
State Food and Grain Corporation of Ukraine, United Mining and Chemical
Company and other state enterprises, in which facts of abuse were revealed.
Arseniy Yatsenyuk emphasized the Government have also obliged all
public companies to hold a transparent audit: “So far, only 6 companies have
signed the relevant decisions. That is why the Government made all the rest
conduct an independent public audit of the activities of their companies”.