According to Interfax-Ukraine, Ukrainian Prime Minister Serhiy Koretskyi held his first meeting with the Supervisory Board of NAEK “Energoatom,” emphasized the need to overhaul the company’s management as soon as possible, and promised all necessary support.
“I held my first meeting with the Supervisory Board of Energoatom. The government expects the Supervisory Board to carry out a thorough overhaul of the company’s management. This is a top priority. The government will provide all necessary support,” he wrote on his Telegram channel following Wednesday’s meeting.
The prime minister emphasized that “the new top management must be formed as soon as possible following a transparent competition.”
According to him, he also discussed the state-owned company’s financial condition and preparations for the fall-winter period with members of the Supervisory Board.
“Such meetings will take place regularly,” he said.
As previously reported, according to a forecast by First Deputy Prime Minister for Energy Denis Shmyhal, NAEK “Energoatom” will have a new chairman of the board and a new executive body no later than October, based on the results of a competition for which the deadline for submitting applications was July 31, 2026.
As for NJSC “Naftogaz of Ukraine,” for which President Volodymyr Zelenskyy has proposed appointing former Ukrainian Prime Minister Yulia Svyrydenko as chair, Oleksandr Vizir, coordinator of the “Energy and Climate” sector at the Ukraine Facility Platform and corporate governance expert Oleksandr Vizir noted in a comment to “EnergoReform” a week ago that negotiations are most likely still ongoing with the independent members of the company’s Supervisory Board (SB), which has the authority to appoint the chairman of the board or the person acting in that capacity.
For her part, Olga Babiy, a former member of the National Commission for State Regulation of Energy and Public Utilities (NKREKU), noted in a comment to “EnergoReform” that Yulia Svyrydenko is “the ideal solution for Naftogaz” and does not know why she has not yet been appointed.
During Question Time for the government in the Verkhovna Rada on August 21, Prime Minister Koretskyi noted that he considers it ideal if another person were appointed as the new chair of the board of NJSC “Naftogaz of Ukraine” after the 2026/27 fall-winter period (FWP).
COMPETITION, ENERGOATOM, ENERGY SECTOR, GOVERNMENT, MANAGEMENT
On August 19, JSC “NAEK ‘Energoatom’” announced a tender for liability insurance covering damage that may result from emergencies related to the operation of high-risk facilities
According to the Prozorro e-procurement system, the total expected cost of the services is 96,400 UAH.
Bids for participation in the tender will be accepted until August 27.
JSC NAEK “Energoatom” has fully fulfilled its special obligations to ensure the availability of electricity for residential consumers (PSO), aimed at making it more affordable, by covering 100% of the cost of the service for January–July 2026, totaling 141.448 billion UAH (including VAT), the company reported on Tuesday.
“The company continues to bear the key financial burden within the social tariff support system. Thanks to NAEK’s contributions, the state maintains the electricity tariff for millions of Ukrainian families at a level below the market rate,” Energoatom noted.
Currently, Energoatom has no outstanding debt to JSC “Guaranteed Buyer” for the PSO service.
In total, during the years of Russia’s full-scale war against Ukraine—from 2022 to 2025—Energoatom paid over 528.900 billion UAH (including VAT) for the PSO service.
As previously reported, in 2025, “Energoatom” paid 168.546 billion UAH for the PSO and transferred over 44.5 billion UAH to the state budget.
The Cabinet of Ministers of Ukraine, by Decree No. 399-r dated April 29, 2026, “On the Annual General Meeting of JSC NAEK ‘Energoatom,’” approved a net profit of 18,688,306,075 UAH, in accordance with the company’s consolidated financial statements for 2025. The government allocated 50% of the profit, amounting to 9,344,153,037.5 UAH, for the payment of dividends to the state budget.
JSC “NAEK “Energoatom” has fully fulfilled its special obligations to ensure the availability of electricity for residential consumers (PSO), aimed at making it more affordable, by covering 100% of the cost of the service for the first half of 2026, amounting to 131.116 billion UAH (including VAT), the company reported on Tuesday.
“The company continues to bear the main financial burden of ensuring the PSO mechanism. Thanks to Energoatom’s contributions, the state maintains electricity rates for millions of Ukrainian families at a level below market rates,” NAEK noted.
Currently, Energoatom has no outstanding debt to JSC “Guaranteed Buyer” for the PSO service.
In total, during the years of Russia’s full-scale war against Ukraine—from 2022 to 2025—Energoatom paid over 528.900 billion UAH (including VAT) for the PSO service.
As previously reported, in 2025, Energoatom paid 168.546 billion UAH for the PSO and transferred over 44.5 billion UAH to the state budget.
The Cabinet of Ministers of Ukraine, by Order No. 399-r dated April 29, 2026, “On the Annual General Meeting of JSC NAEK ‘Energoatom,’” approved a net profit of 18,688,306,075 UAH, in accordance with the company’s consolidated financial statements for 2025. The government allocated 50% of the profit, amounting to 9,344,153,037.5 UAH, to the payment of dividends to the state budget.
On June 24, JSC “NAEK ”Energoatom” (Kyiv) announced a tender for compulsory motor vehicle liability insurance (OSAGO). According to the Prozorro electronic government procurement system, the total estimated cost is 5,982 UAH.
The deadline for submitting tender documents is July 6.
The Ministry of Energy of Ukraine has purchased domestic government bonds (OVDP) using funds from the financial reserve for the first time in nearly 20 years, the ministry announced on Wednesday.
“Nearly 400 million hryvnias have already been invested in government securities, and the total volume of such investments in 2026 will amount to approximately 785 million hryvnias,” the Ministry of Energy noted.
In the future, these funds will be used to finance the decommissioning of nuclear facilities.
As explained by the ministry, the purchase of OVDPs was the first step in implementing the mechanism for managing the financial reserve funds as provided for by law.
The financial reserve is formed through regular contributions from JSC “NAEK Energoatom,” which transfers 65.4 million UAH monthly to a special fund to ensure the future decommissioning of nuclear facilities. At the same time, for a long time, the reserve’s funds were not actually invested in financial instruments designed to preserve their value. As a result of inflation, the funds accumulated by 2025 have significantly lost their real value, the Ministry of Energy noted.
Investing the financial reserve in domestic government bonds will protect the funds from inflation, preserve their purchasing power, and ensure additional replenishment of the reserve through income from government securities.
“Ukraine is consistently developing a system of financial support for the future decommissioning of nuclear facilities in accordance with international obligations and global best practices,” the ministry emphasized.
Investing the financial reserve’s funds in OVDPs is a reliable and effective tool for managing state resources. This will help strengthen the financial stability of Ukraine’s nuclear safety system and enhance the state’s ability to fulfill its obligations in the field of nuclear and radiation safety, according to the Ministry of Energy.
ENERGOATOM, financial reserve, GOVERNMENT BONDS, MINISTRY OF ENERGY, nuclear safety
