Business news from Ukraine

Business news from Ukraine

Ukrnafta’s Supervisory Board has appointed Yuriy Tkachuk as acting director of company

14 May , 2025  

The independent Supervisory Board of PJSC Ukrnafta has appointed Chief Financial Officer Yuriy Tkachuk as the person who will temporarily perform the duties of the company’s director. He will head PJSC Ukrnafta until the Supervisory Board decides to terminate the powers of the company’s director. Yuriy Tkachuk has a deep understanding of the internal processes and strategic directions of Ukraine’s largest oil production company. His professional experience will ensure the continuity of operations, stability of management, and successful implementation of planned initiatives.
PJSC Ukrnafta will continue to implement its priority development areas, fulfill its production plans, and ensure the country’s energy security.

Ukrnafta is Ukraine’s largest oil producer and operator of the national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and now operates a total of 546 gas stations, including 462 of its own and 84 under management.

The company is implementing a comprehensive program to restore operations and upgrade the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company, which were owned by private owners and are currently managed by the Ministry of Defense, to the state.

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