Plan for Energoatom‘s corporatization: transformation into a joint-stock company will go according to a clear plan
On June 27, at its meeting, the Government of Ukraine approved the plan to transform the state enterprise "National Nuclear Energy Generating Company "Energoatom" into a joint-stock company (JSC), 100 per cent of the shares of which are state-owned.
The draft resolution was developed by the Commission for the transformation of SE "NNEGC "Energoatom" headed by Deputy Minister of Economy Oleksiy Sobolev.
The plan for the transformation of a state-owned enterprise into a joint-stock company involves a significant number of successive stages, among which the following are particularly crucial for further steps:
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full inventory of the company's property. Our Company has successfully completed this;
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selection of the valuers for conducting an independent assessment of the property. Energoatom has carried out the relevant procedure of public procurement, and the final stage is underway – consolidation of contractual relations with the winner;
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a number of measures to carry out the assessment, approve its results, prepare draft government decisions, etc.;
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approval by the founder of the statutory documents of the new company and other acts for the formation of its supervisory board as well as state registration of the new legal entity. November of the current year should be significant in this regard;
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formation of the supervisory board and election of the company’s executive body. It is scheduled for December 2023 – March 2024.
However, the corporatization process will not be over there. Thus, the principles of corporate governance and best corporate practices will begin to be implemented in the activities of a unique state economic entity, which is Energoatom.
