PODCAST: Ukraine SOE corporate governance is vital for reconstruction efforts, specialist

LONDON (ICIS)– Corporate governance rules at Ukraine’s energy state owned enterprises (SOEs) have been critical to market reforms and to helping the country secure a long-term gas transit contract with Russia.

As Ukraine is preparing to receive billions of euros for the reconstruction of its war-torn energy sector, consolidating corporate governance rules are even more important as a guarantee against possible corrupt practices.

However, in this interview with ICIS’ senior journalist Aura Sabadus, Dr Andriy Boytsun, a corporate governance expert, explains that safeguards have been eroded even as pressures to tighten up the independence of companies such as Naftogaz, GTSOU or Ukrenergo are growing.