State-owned enterprise National Atomic Energy Generating Company Energoatom has been transformed into a joint-stock company with 100% of its shares owned by the state, Cabinet of Ministers representative in the Verkhovna Rada Taras Melnychuk said in Telegram. According to him, the government decisions adopted on Friday provide for the establishment of Energoatom JSC, approval of its charter and provisions on the supervisory board and principles of its formation.
“It is established that the joint-stock company is the legal successor of all property and non-property rights and obligations of SE NAEK Energoatom from the date of state registration of the joint-stock company,” Melnychuk specified.
“Corporatization according to the best international standards will strengthen the quality of management, transparency and accountability of the company. It also opens up new opportunities for the development of our nuclear power industry and partnership with international companies,” – says the Prime Minister of Ukraine Denis Shmygal.
As reported, the plan to transform Energoatom into a JSC, 100% owned by the state, was approved by Government Order No. 571-r of June 27, 2023. The process should be completed by March 2024.
The start of the tender procedure for the election of members of the NAEK’s nabsoobet by November 30, 2023 and the transformation of the SOE into a JSC by December 31, 2023, in particular, is a condition for Ukraine to receive an additional $100 million in energy assistance.
“Energoatom is the operator of all four operating nuclear power plants in Ukraine. It operates the Zaporizhzhya, Pivdenno-Ukrainian, Rivne and Khmelnytskyi plants with 15 power units equipped with water-water power reactors, with a total installed electrical capacity of 13.8 GW. ZNPP with a capacity of 6 GW has been under the occupation of the Russian Federation since May 4, 2022.
