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Defense Ministry appoints supervisory boards at key strategic companies
Journal Staff Report

KYIV, Nov 7 – The Ministry of Defense has formed new supervisory boards of JSC Motor Sich, Zaporizhtransformator (ZTR), AvtoKrAZ, Ukrnafta, and Ukrtatnafta (in the last two cases, jointly with NJSC Naftogaz Ukrayiny), alienated during martial law into state ownership, Defense Minister Oleksiy Reznikov says.

"General meetings [of shareholders] have taken place. Supervisory boards have been approved, and already in accordance with the laws, corporate governance standards, these supervisory boards will appoint current management, that is, executive heads, and so on, so that the work of enterprises does not stop," he said at a briefing in Kyiv on Monday.




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